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New income-tax act takes effect today

New tax rules and budget changes begin April 1. Higher taxes on speculative stock trades will curb risky bets. Lower taxes on overseas travel packages and remittances for medical and education will benefit many. A new…

New income-tax act takes effect today

New tax rules and budget changes begin April 1. Higher taxes on speculative stock trades will curb risky bets. Lower taxes on overseas travel packages and remittances for medical and education will benefit many. A new Income-tax Act simplifies filings. Changes also affect virtual digital assets and employee stock options.

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