Top Headlines: RBI flags crypto risks; India could witness Omicron surge

The RBI talked about instability cryptocurrencies could cause, while NITI Aayog member VK Paul warned of Europe-like Omicron cases surge in India

Budget 2022-23: No major surprise expected in income-tax slabs

The upcoming Union Budget 2022 is unlikely to bring any tweaks in the existing income tax rates. The thinking in the government and among Budget makers is that, given the continued uncertainty around Covid-19 and its impact on household income and savings, any change in tax rates could be counter-productive. Read more
 

Reserve Bank of India red-flags cryptocurrency risks in board meet

The Reserve Bank of India (RBI) on Friday apprised the board members about its reservations around private cryptocurrencies while updating the progress on its yet-to-be launched Central Bank