Come April 1 and there will be a host of changes that the nation would witness. A new IT return form, no more depositing of demonetised currency, minimum balance in SBI, interest rates of PPF, Kisan Vikas Patra to be lowered and no sale of BS-III vehicles. April 1 is known as fool’s day.
However in India come April 1, the nation would witness a plethora of changes. One of the most significant changes would be the change in tax reforms and also the end of depositing demonetised currency in the RBI. The deadline for NRIs is however June.