The India bloc has urged the Election Commission to ensure that postal ballots are counted first and guidelines are strictly followed during the upcoming elections. This move aims to maintain transparency and accuracy in the electoral process, ensuring that every vote is properly accounted for. By prioritizing the counting of postal ballots and adhering to established guidelines, the India bloc hopes to prevent any potential discrepancies and uphold the integrity of the democratic process.
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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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