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Union Budget 2022: PM gave clear instructions, no additional taxes, says FM

She also clarified that digital currency to be issued by the RBI will not be taxed as at 30 per cent like other cryptocurrencies currently traded in the market

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Finance Minister Nirmala Sitharaman addressing the post-Budget press conference. Image/Pallav Paliwal

Finance Minister Nirmala Sitharaman addressing the post-Budget press conference. Image/Pallav Paliwal

After presenting the Union Budget 2022 on Tuesday, Finance Minister Nirmala Sitharaman addressed a press conference. She said that a conscious decision was made to not increase taxes at a time when people are facing challenges induced by the Covid-19 pandemic.

“I have not tried to earn even a single paisa by increasing tax this year & even last year. PM had given clear instructions that people should not be burdened with taxes at the time of the pandemic, notwithstanding the deficit,” she said.

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