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

From plushie-loaded Louis Vuitton to a cult red carry from Sculptor, Lisa’s Coachella bag line-up was anything but an ...

Handbags, wrist watches, footwear and sportswear, priced above Rs 10 lakh will now attract 1 per cent Tax Collected at Source (TCS), as per a notification issued by the Income Tax department. TCS at 1 ...

Although luxury goods sector may undergo some transitional challenges, this measure is expected to promote formalisation and ...

The Central Board of Direct Taxes announced that several luxury goods costing above Rs 10 lakh will now attract Tax Collected ...

Sellers must collect and deposit TCS by the 7th of the following month, issue the buyer a TCS certificate, and file quarterly ...

The Income Tax department has expanded the scope of Tax Collected at Source (TCS) to cover more luxury items, with a new ...

Luxury goods exceeding Rs 10 lakh, including handbags, watches, art, and yachts, will now incur a 1% tax collected at source (TCS), effective from April 22. This measure, introduced in the Finance Act ...

Jordan Spieth has one of golf's coolest personal logos, and Under Armour has embraced it by offering the Jordan Spieth Drive ...

Learn about the new 1% Tax Collected at Source (TCS) on luxury goods worth over ₹10 lakh, effective from April 22, 2025.

Several stores in Wellington and Royal Palm Beach sit empty after chain retailers left. Imagine a future for them beyond ...

The income tax department has officially notified that 1% TCS is now applicable on sale of certain luxury goods above Rs 10 ...