The new income tax law will be easier to understand, free of outdated provisions, and aims to encourage taxpayers to switch to the new regime with significant concessions. Additionally, a new crypto asset reporting provision has been introduced to align with India’s international commitments.
India’s weight in global emerging-market ETFs rises again
India’s weight in major global emerging-market ETFs has begun to recover recently. This rise follows a steady decline over the past year, showing improved performance.