India's Central Board of Direct Taxes recently published Circular No. 23/2022: Explanatory Notes to the Finance Act 2022. The Circular provides details on various tax matters including the changes made by Finance Act 2022, which was approved on 30 March 2022 (previous coverage), as well as relevant measures that have been maintained. This includes details on the tax rates for individuals, cooperatives, companies, etc., the new scheme for the taxation of virtual digital assets, tax incentives…