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India Creating Digital Rupee, 30% Tax on Virtual Assets :Nepal News

India Creating Digital Rupee, 30% Tax on Virtual Assets : Rashtra News #India #Creating #Digital #Rupee #Tax #Virtual #Assets India will soon develop its own digital currency, a digital rupee that will finally legalize virtual currencies. In her 4th Union Budget Speech, India’s Finance Minister Nirmala Sitharaman said India’s virtual currency will be based on

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CBDCs volume increased after making it interoperable with UPI, says RBI deputy governor

Deputy Governor T. Rabi Sankar further added that there are around 46 lakh users, 4 lakh merchants and total transaction is Rs 2.2 crore so far.

T rabi sankarReserve bankDeputy governorUnified payments interface

CBDC transaction volumes down, P2M transactions growing: RBI

The Central Bank Digital Currency (CBDC) transaction volumes have gone down after crossing 10 lakh in late-December 2023, Reserve Bank of India Governor T Rabi Sankar said on Friday. The overall number of transactions has touched 2.2 crore since the launch of the CBDC pilot on December 1, 2022, Sankar said, adding that the number of participants in the pilot stands at 50 lakh.

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To keep close watch on vegetable prices amid IMD s prediction of high temperature condition RBI Governor

(This story has not been edited by THE WEEK and is auto-generated from a PTI

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RBI proposes allowing non-bank payment system operators to offer CBDC wallets

RBI proposes allowing non-bank payment system operators to offer CBDC wallets
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