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

What was once a cherished childhood hobby - collecting antique coins-has now become the perfect ... Listen to Story A cupro-nickel 2-rupee coin is valued at around Rs 5 lakhs, while a 10-paisa coin ...

Take a look at Mir Osman Ali Khan's impressive wealth, from his remarkable gem collection, including the Koh-i-Noor, his ...

The Indian rupee is likely to advance on Monday, tracking broad dollar weakness triggered by worries about the Federal ...

The Indian rupee and other Asian currencies strengthened on Monday as the dollar remained under pressure, with the latest ...

It could be counterproductive. PAN details were already required for purchases above Rs 2 lakh. TCS may discourage consumers, ...

The Central government has introduced changes to the Income Tax Act, 1961, expanding the scope of the Tax Collected at Source ...

The income tax department has issued two notifications specifying the list of luxury goods on which tax will be collected at ...

Vide Finance (No. 2) Act, 2024, section 206C (1F) was amended to provide that TCS will also be levied on any other goods of ...

The Central Board of Direct Taxes (CBDT) has issued a fresh notification regarding Tax Collection at Source (TCS) on luxury and collectable goods.

The CBDT vide Notification No. 36/2025- Income Tax dated 22nd April 2025, has exercised powers under clause (ii) of sub-section (1F) of section 206C of the Income-tax Act, 1961, to notify certain ...