A 20-year-old student, Abhishek Lodha, preparing for the JEE in Kota, Rajasthan, committed suicide by hanging from a ceiling fan in his PG room, leaving a note expressing his inability to clear the exam. Police responded to the incident, stating that the case appears to be related to exam stress, and will take action against the accommodation for lacking safety measures. This tragedy follows another suicide of a 19-year-old JEE aspirant within 24 hours in Kota, highlighting the mental health challenges faced by students under academic pressure.
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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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