As the new financial year is starting today i.e. April 1, there are some major changes that will come into effect from today. These are some important financial changes that can have a direct effect on you. Starting today, one of the most significant changes that have been implemented is the provision of a 30 percent tax deduction on all forms of virtual digital assets (VDA), including cryptocurrency, and NFTs (non-fungible tokens). Additionally, 1 percent TDS (Tax Deducted at Source) will be deducted on the sale of any such asset from the month of July this year. Secondly, over 800 drugs will become more expensive as the National Pharmaceutical Pricing Authority of India allowed a hike of 10.7 percent on a few medicines which are under price control. Another major change is that from now on, there will be No tax exemption on home loans. Also, starting from today, interest earned from the PF account will come under taxation if the contribution made in the Employee Provident Fund (EPF) account is exceeding Rs 2.5 lakh. Another change is that if you want to invest in Post Office Schemes such as Time Deposit Account, Senior Citizens Savings Scheme, and Monthly Income Scheme you will be required to open a savings account or a bank account.