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LUXURY TAX ACT
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Quote of the day by Tom Hiddleston: ‘Love is a dagger. It is beautiful until it makes you bleed’ - Marvel actor on the paradox of loving someoneTom Hiddleston's portrayal of Loki in "Loki" highlights love's paradoxical nature, comparing it to a beautiful yet dangerous dagger. This q...
12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...
$35 million Newport beach mansion, near-zero declared income: How California techie supplied US equipment to Iran for over a decadeA dual Iranian-American tech executive, Jamshid Ghomi, was arrested at his $35 million mansion for allegedly running an illegal export oper...
Tata Motors Q4 profit falls 32% to ₹5,783 crore on weak JLR performanceIn the March quarter, Tata Motors reported a significant 32 percent drop in net profit, reflecting increased operational costs and obstacle...
Meghan Markle facing money crunch? Why the Duchess may be eyeing a major career move to solve financial burden as Prince Harry focuses on charityLiving in the ultra-exclusive California community of Montecito has long symbolized a fresh start for Prince Harry and Meghan Markle after ...
One hike, many shocks: Indians can't ignore the Rs 933 LPG cylinder price increaseCommercial LPG cylinder prices have surged by Rs 933, impacting India's small food businesses. This price hike threatens to increase meal c...
The Long Drive: 14 decades of the automobile that changed how we travelFourteen decades, countless journeys and one invention that changed humanity. Atul Bandekar takes us on a ride through the story of the aut...
Midterm strategy shift: GOP keeps Trump agenda, softens TrumpRepublicans are adjusting their strategy for upcoming midterm elections. They aim to use President Trump's ability to mobilize voters witho...
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Final call for $1,050! Millions warned payments are ending forever—are you eligible?Millions of people in California still have unused inflation relief money from COVID time. The payment ranges up to $1,050 and must be used...
The Buffett framework of investing: Why some stocks deserve a PE of 25, and others deserve a PE of 10In his letter to shareholders, Warren Buffett revealed a valuation framework that explained why stocks can lose half their value without an...
Broadcasters have to pay both service, luxury taxes: Supreme CourtThe Supreme Court affirmed that broadcasters are responsible for paying both service tax and entertainment tax on broadcasting activities. ...
Punjab cabinet gives nod to pilgrimage scheme, one-time settlement scheme for traders to clear duesAddressing the media after the cabinet meeting, Finance Minister Harpal Singh Cheema said the cabinet has approved the 'Mukh Mantri Tirth Y...
AAP govt to do away with luxury tax on hotel stay"The AAP government will thus table the Bill in the upcoming Assembly session," said a senior government official.
Staying at budget hotels to become cheaper in DelhiAs per the Delhi Tax on Luxuries Act (1996), any person, who stays at a hotel room whose tariff is Rs 750 per day or above, has to pay luxu...
ICU tax nixed but sense may elude tax department officialsThe Siddaramaiah regime was quick to respond to media reports last week and end the controversial luxury tax on intensive care unit (ICU) s...
Delhi government collects Rs 306.75 crore as luxury taxSingh said that Luxury Tax registration in respect of hotels had already been included in e-SLA (Electronic Service Level Agreement).
- Goa chief minister spares religious institutions' halls from luxury tax
While sparing religious institutions, a fresh Bill proposes levying of 10% luxury tax on the receipts on services at salons and spas.
- Delhi HC stays govt notification on cigarettes
The Delhi High Court on Wednesday stayed the Delhi government's notification imposing luxury tax on certain goods including cigarettes in t...