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Major financial changes coming into effect from April 1

Shortpedia

Content Team
Image Credit: shortpedia

Several new financial changes are expected to come into effect from Friday (April 1)—the first day of the fiscal year 2022-23. The most significant among those include the crypto tax law imposing a 30% tax on income from the transfer of virtual digital assets and higher prices for luxury cars. The policies will be implemented even as special pandemic-related exemptions come to an end.