Crypto tax
A 30% tax will be applicable on income from cryptocurrencies and other virtual assets.
Aadhar-PAN
linking
Individuals who haven’t linked their Aadhaar cards to PAN will be fined
Rs. 500 till June and Rs. 1,000 thereafter.
KYC
Accounts held with RBI and SEBI regulated financial entities must be KYC compliant by March 31.
PF account tax
If contributions of over Rs. 2.5 lakh are made to Employee Provident Fund (EPF) accounts, the interest income will be taxed.
More expensive luxury cars
Luxury carmakers, such as Mercedes Benz and Audi, will hike the prices of their vehicles.