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

The Income Tax Department releases some frequently asked questions (FAQs) on which are the list of specified goods on which ...

A meticulously planned heist, executed on the night before Easter Sunday, saw a luxury penthouse near Piazza di Spagna ...

Starting April 22, 2025, the Income Tax Department will impose a 1% Tax Collected at Source (TCS) on luxury goods over Rs 10 ...

Once a niche market reserved for collectors and fashion insiders, pre-owned luxury has now gone mainstream. Whether it’s a classic ...

As Trump’s tariffs loom, Chinese sellers pitch bargain dupes to Americans, fuelling viral demand and political sympathy ...

Per government sources, the government could potentially earn Rs 140–210 crore annually from the 1% levy. The actual revenue ...

This isn't to say that luxury brands don't outsource some of their manufacturing to China or that luxury goods are always ...

Nomura Holdings analysed data from 45 countries to examine the impact of China’s imports on local manufacturing. Their ...

Hermès has continued to show its dedication to investing in its production capacity in France. The Normandy location, set to ...

Luxury analysts calculated the average increase at 4 percent as the French brand seeks to mitigate the impact of the Trump ...