EY expects significant changes in the direct tax framework, particularly to ensure a smooth transition to the New Income Tax ...

From higher tax-free income thresholds and relaxed TDS norms to a longer window for correcting past returns, the measures point to a clear shift towards simplification and reduced disputes.

New Delhi: The crypto investment frenzy seems to be a bit on the decline in India after the imposition of several taxes and cess by the government on the returns generated from the crypto investment.