India
Senior Citizens Savings Scheme limit has been increased to Rs. 30 lakh. Monthly Income Scheme raised to Rs. 9 lakh for singles and Rs. 15 lakh for joint accounts.
Now, you won’t have to pay tax for converting physical gold into Electronic Gold Receipt (EGR) or vice versa.
If you sell your mutual funds for profit, you only have to pay tax for the profit as a short-term gain, instead of a long-term profit.
A new tax regime has been introduced to simplify the tax-paying process for new taxpayers. Individuals can opt between the new and the old one according to their preference
All the users are required to perform a two-factor Aadhaar authentication to log into the CRA system.