A number of Luxurious Gadgets, Together with Watches, Sun shades, Costing Above Rs 10 Lakh To Appeal to 1% Tax Collected At Supply | Financial system Information

A number of Luxurious Gadgets, Together with Watches, Sun shades, Costing Above Rs 10 Lakh To Appeal to 1% Tax Collected At Supply | Financial system Information

New Delhi: A number of luxurious items costing above Rs 10 lakh will now appeal to Tax Collected at Supply (TCS) at 1 per cent. As per an official notification, wrist watch, artwork piece (antiques, portray, sculpture), collectibles (coin, stamp), yacht, rowing boat, canoe, helicopter, sun shades, purse, purse, sneakers, sportswear and gear corresponding to…

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Trump’s tariffs: A easy illustrated information to fifteen financial phrases to know

Trump’s tariffs: A easy illustrated information to fifteen financial phrases to know

All through the previous few weeks, United States President Donald Trump has introduced a collection of tariff insurance policies, with shifting statements which have led to rising issues about international financial instability. With Trump’s tariffs affecting practically each nation, many phrases have been thrown round to explain the potential outcomes. From commerce wars to inventory…

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Will Union Funds 2025 spur BFSI sector to usher in direct tax reforms? – Firstpost

Will Union Funds 2025 spur BFSI sector to usher in direct tax reforms? – Firstpost

Because the Union Funds 2025 nears, the BFSI sector hopes for tax reforms that might enhance innovation, income and sustainable progress learn extra As we strategy the 2025 Union Funds, the banking, monetary providers and insurance coverage (BFSI) sector is keenly anticipating potential direct tax reforms that might bolster enterprise operations, improve profitability, and encourage…

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Trump’s tariffs current contemporary headache for India’s slowing financial system

Trump’s tariffs current contemporary headache for India’s slowing financial system

Hours earlier than Indian Prime Minister Narendra Modi’s go to to the White Home, President Donald Trump introduced that america would levy reciprocal tariffs on its buying and selling companions. It might hardly have come at a more durable time for India, which is already pressed by a slowing financial system and sluggish demand. At…

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Financial institution of Canada cuts rates of interest, warns commerce battle will ‘damage’

Financial institution of Canada cuts rates of interest, warns commerce battle will ‘damage’

Financial institution of Canada governor warned {that a} tariff warfare with the US would ‘badly damage’ financial exercise in Canada. The Financial institution of Canada (BOC) has trimmed its key coverage price by 25 foundation factors to three p.c, minimize progress forecasts and warned Canadians {that a} tariff warfare triggered by the US might trigger…

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Will Union Funds 2025 spur BFSI sector to usher in direct tax reforms? – Firstpost

Will tax reforms enhance India’s bond market? – Firstpost

As Price range 2025 approaches, the anticipation surrounding potential tax reforms is palpable. This yr’s finances holds explicit significance for India’s monetary markets, as stakeholders eagerly await alerts on financial priorities. With a renewed give attention to fostering progress and funding, the proposed tax reforms might have far-reaching implications, significantly for the bond market, a…

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