Financial Year 2024: New EPFO Rule, Tax Regime And FASTag Changes To Come Into Effect From April 1

Team Latestly Apr 01, 2024 05:54 PM IST

Financial year in India begins on April 1. From this day onwards, new tax laws announced by the Finance Minister Nirmala Sitharaman come into force. Regulations pertaining to taxes, FASTags, savings programmes (NPS & EPFO), and other financial issues have been updated for the next fiscal year. India will adopt the new tax structure as the default option on April 1, 2024. For provident fund balance, the Employees' Provident Fund Organisation (EPFO) has put in place an automated transfer mechanism. Users should complete the FASTag KYC before March 31st.

(The above story first appeared on LatestLY on Apr 01, 2024 05:54 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).

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1 April New Rules EPFO Rule FasTag Rule Financial Changes From April 2024 Financial Year Latestly New EPFO Rule New FasTag Rule New Tax Laws New Tax Regime Nirmala Sitharaman Rules Change 1 April 2024

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