Britain and France, alongside Ukraine, are collaborating on a plan to end the conflict with Russia, Prime Minister Keir Starmer announced ahead of a summit in London with European leaders. Starmer emphasized the importance of unity and peace, urging world leaders to work together to resolve the three-year-old conflict. Italian Prime Minister Girogia Meloni also stressed the need to prevent division among Western allies during the crisis talks.
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Why many high-end luxury items are set to become costlier
Luxury Goods Attract 1% TCS Handbags, wrist watches, footwear, and sportswear priced above Rs 10 lakh will now incur a 1% tax collected at source (TCS), as detailed in an April 22, 2025 notification by the income tax department. This measure, introduced through the Finance Act 2024, aims to enhance transparency in high-value purchases, requiring PAN details at the time of sale, while the TCS paid can be credited against the buyer's final tax liability....
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