News

The Central government has introduced changes to the Income Tax Act, 1961, expanding the scope of the Tax Collected at Source ...
Learn about the new 1% Tax Collected at Source (TCS) on luxury goods worth over ₹10 lakh, effective from April 22, 2025.
Starting April 22, 2025, the Income Tax Department will impose a 1% Tax Collected at Source (TCS) on luxury goods over Rs 10 ...
Crystal Caviar, a Czech artisanal marvel, blends Bohemian glassmaking and modern design in its exquisite creations. From ...
Handbags, wrist watches, footwear and sportswear, priced above Rs 10 lakh will now attract 1% Tax Collected at Source (TCS), ...
A glimpse into Saif Ali Khan’s opulent lifestyle through his stunning real estate—from a private Qatari island to Mumbai ...
The Central Board of Direct Taxes (CBDT) has issued a notification bringing into immediate effect a 1% tax collected at ...
The Central Board of Direct Taxes has notified the new rules to bring into immediate effect the 1 per cent tax collected a ...
Per government sources, the government could potentially earn Rs 140–210 crore annually from the 1% levy. The actual revenue ...
The govt is broadening its tax base by implementing a 1% TCS on luxury items exceeding Rs 10 lakh, effective immediately.
Starting April 22, 2025, a 1% TCS will apply on luxury goods above ₹10 lakh, including items like yachts and designer handbags. This aims to enhance tax transparency and monitor high-value purchases.
Liquidators of the company behind Australia’s answer to the Moulin Rouge are hoping to find a single buyer for the assets of ...