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LUXURY TAX CATEGORY
ET Prime Special Series: Multibagger or IBC - Part 59: Japan taught it. Tata bought it. Now EVs will test this auto ancillaryThis is a story about a company that is simultaneously an asset and an anomaly. An asset because it builds a tangible, necessary product, g...
JLR projects revenue growth and return to profit in FY27, doubles down on USJaguar Land Rover anticipates a strong comeback in financial year 2027. The company projects a 13% revenue increase and a return to profita...
India’s consumer demand remains resilient despite Iran war, inflation pressures; FMCG firms stay cautiously optimisticDespite geopolitical turmoil and inflation, domestic consumption of essentials and personal care products remains resilient. Company execut...
Banks are cutting credit card perks quietly; Learn how to get more value from your walletMany banks have recently reduced credit card rewards, cashback limits, and perks, prompting cardholders to reassess their spending strategi...
Timex Group India posts Rs 800 crore revenue for FY26Timex Group India achieved a landmark financial year 2025-2026. Revenues surged 48% to Rs 800 crore, with profit before tax jumping 151% to...
Liquor stocks have macro tailwinds, but will FTAs become a problem? 6 liquor stocks with an upside potential of up to 26%Supply chain disruptions caused by the US-Israel-Iran conflict have a second-order impact on several industries. The liquor sector is no ex...
Correction may be opportunity for some: 5 mid-cap stocks from different sectors with an upside potential up to 28%Will they? Won’t they? Even as uncertainty persists over the proposed second round talks between the US and Iran, markets across the globe ...
Boardroom on wheels: How MPVs have begun to speak a new language of luxury on Indian roadsThe growing popularity of the MPV among top executives and celebrities signals the arrival of a new trend -- one that is defined by practic...
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...
Auto sales hit record high in FY26 as tax cuts, rate easing drive demandIndia’s automobile sales hit a record high in FY26, driven by tax cuts, lower interest rates and revised income tax slabs, according to Soc...
Several new items come under TCS as I-T widens tax netThe govt is broadening its tax base by implementing a 1% TCS on luxury items exceeding Rs 10 lakh, effective immediately. This initiative t...
Jaitley sees GST rate cut on cement, ACs, TVs with rise in revenueThe Goods and Services Tax (GST), which subsumed 17 local taxes, was rolled out on July 1, 2017.
28% GST on luxury hotels likely to stayThe 28% tax on luxury hotels with tariffs of Rs. 7,500 and above makes India one of the most taxed countries in the world for hotels.
Tax relief to luxury cars of social institutes serves no purpose: CAG reportCAG said that exemption granted by transport department to the trusts/societies which could afford to purchase luxury vehicles and pay for ...
Small-car buyers will have to shell out more under GST, SUVs to cost lessUnlike multiple taxes levied currently, the new tax structure will see a uniform rate of 28% on cars plus a cess of 1% for small petrol car...
Luxury goods firms in wait & watch modeAll that the council has come up with are different tax slabs and it is a bit premature to comment on the impact on the luxury sector.
Clubbing luxury cars with sin goods unfairThe GST Council finalised a four-tier structure, with the rates from 5 per cent to 28 per cent. Luxury and de-merit good would attract tax ...
Excise department eyes enhanced luxury tax collectionSimilarly, the excise department has also sought the tourism department's help regarding details of all hotels registered with it .
Excise department to clamp down on hotels evading luxury taxAccording to the department, which is also in-charge of luxury tax collections in Delhi, the drive will help law enforcement agencies to bo...
- Now, pay more property tax
Property tax rates in the capital are all set to rise from April 2010. After rejecting the proposal for introducing professional tax, Munic...