Starting April 22, 2025, luxury goods priced above Rs 10 lakh will be subject to a 1% Tax Collected at Source (TCS). This ...

Luxury goods priced above ₹10 lakh now subject to 1% TCS, enhancing tax monitoring and financial transparency.

The CBDT has mandated a 1% TCS on luxury goods exceeding ₹10 lakh, effective immediately. This includes items like handbags, ...

Luxury goods like handbags, wrist watches, footwear and sportswear, priced above Rs 10 lakh will now attract a 1 per cent Tax ...

Handbags, wrist watches, footwear and sportswear, priced above Rs 10 lakh will now attract 1 per cent Tax Collected at Source ...

The Income Tax Department has notified the applicability of Tax Collected at Source (TCS) at the rate of 1% on the sale of ...

The TCS provision for luxury goods was introduced via Finance Act, 2024, as part of the Budget presented in July 2024 ...

The tax department is now going to track high-value products above Rs 10 lakh such as luxury watches, art pieces, antiques, yachts, and collectibles by levying ...

The Board of County Supervisors on Tuesday adopted the county’s fiscal 2026 budget in a series of mostly party-line votes, ...

Monroe County is one step closer to potentially installing automatic license plate readers throughout the area.

The number of antisemitic incidents reported in Massachusetts was essentially unchanged in 2024, though officials with the ...