Tag: Tax
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1% Tax to be levied on Purchase of Luxury Items over 10 Lakh – Here are the enlisted items
If you are planning on buying luxury items and goods over 10 Lakh, here’s what the recent tax inclusion from Income Tax Department reports about your purchase breakdown. On 22 April, the Income Tax Department announced the list of luxury items and goods that will attract an additional 1% of Tax Collected at Source (TCS). ... -
Vedanta Rises On 2nd Interim Dividend, Cut In Windfall Gains Tax
The significant dividend payment is crucial for Vedanta Resources, the company that promotes Vedanta and is struggling under a heavy debt load. The following day, July 19, the business declared a sizable second interim dividend, and shares of Vedanta spiked in morning trading. Also Read: Scientists Discovers Key To Quantum Network & Mechanics The government’s ... -
Modi Brings Another Bouquet Of Incentives For Domestic Industry Growth
Under the longest stint of leadership that India could enjoy, Narendra Modi is gearing India up for some new developments towards his dream to move the country to a self reliant mode. There are indications for announcement of big ticket infrastructure projects and policy changes that will buttress the growth of local industry giving it ...


