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TCS ON SALE OF GOODS
Nifty’s hidden discount sale: 54% of top Indian stocks are cheaper now than in 2023. Is it time to buy?- IT needs selectivity, not blind bargain hunting; Energy, defence and healthcare offer better opportunities: Gurmeet Chadha
- Aditya Shah favors domestic growth themes, stays bullish on IT and infrastructure sector
- IT firms spend big on acquisitions as AI hits growthIndian IT companies are buying smaller companies to boost growth. Acquisitions are happening due to AI's impact on pricing and organic grow...03 Jun, 2026, 07.30 AM IST
- Sensex gains 400 points, Nifty above 23,600; IndiGo, Infosys, Asian Paints among top gainersIndian stock markets bounced back on Monday. The Sensex and Nifty saw gains of 0.5 percent each. This recovery followed a significant drop ...01 Jun, 2026, 09.47 AM IST
- Why market rallied today? Sensex jumps 1,074 points, Nifty closes above 24,000. 5 factors behind surgeIndian stock markets surged on Monday, with Sensex and Nifty rallying over 1% each, driven by rising hopes of a US-Iran peace deal and fall...25 May, 2026, 03.48 PM IST
- Pay new income tax TCS of 1% on these luxury goods above Rs 10 lakh; CBDT issues notificationTCS on luxury goods: The income tax department has issued two notifications specifying the list of luxury goods on which tax will be collec...24 Apr, 2025, 05.00 PM IST
- New 1% TCS: Know the list of specified goods, threshold, effective date and more as CBDT releases FAQTCS on luxury goods: The Income Tax Department releases some frequently asked questions (FAQs) on which are the list of specified goods on ...24 Apr, 2025, 03.50 PM IST
- Online festive sales at $6.5 billion; Ratan Tata’s startup storyHappy Friday! Ecommerce platforms clocked a 26% on-year jump in festive sales. This and more in today’s ETtech Morning Dispatch.11 Oct, 2024, 07.55 AM IST
- Luxury goods above Rs 10 lakh like Louis Vuitton handbag, Bulgari jewellery etc. to attract TCS from January 1, 2025TCS on luxury goods, Budget 2024: The budget documents have proposed the levying of TCS (tax collected at source) on notified luxury goods ...23 Jul, 2024, 03.52 PM IST
- What is tax collected at source?TCS is applicable on sales of specific goods which don’t include production or manufacturing material.02 May, 2022, 06.30 AM IST
- Most companies find provisions on tax collected at source challenging: Survey80% of the respondents consider technical nuances of the new TCS provisions and updating systems and processes as biggest challenges, the r...09 Nov, 2020, 10.28 AM IST
- 10 things to know about new provision of TCS on sale of goodsIf you are buying goods of more than Rs. 50 Lakhs be ready to pay TCS on the same and claim the credit at the time of filing your income ta...06 Nov, 2020, 10.45 AM IST
- Now, tax worry haunts unlisted share marketPrivate equity firms are the dominant holders of unlisted shares. Before the clarification, the industry assumed that the law wasn’t intend...20 Oct, 2020, 07.21 AM IST
- Relief for auto sector: No GST on tax collected at source, government clarifiesThe directive was issued in the form of a corrigendum to the circular issued on December 31, following representations from the industry.09 Mar, 2019, 07.18 AM IST
- E-commerce firms to pay up to 1% TCS under GSTThe model Goods and Services Tax (GST) law, finalised by the GST Council, provides for 1 per cent TCS to be deducted by the e-commerce oper...19 Mar, 2017, 04.44 PM IST
- Jewellery purchase in cash above Rs 2 lakh to attract 1% tax from April 1Once the Finance Bill 2017 is passed, jewellery will be treated on par with general goods which attract 1 per cent TCS on cash purchase of ...20 Feb, 2017, 12.24 PM IST
- E-commerce firms will have to deduct TCS on payments to suppliersAggregators mainly include Ola, Uber, Urban Clap which works as a platform for providing transport and other services. The TCS provision wi...26 Nov, 2016, 10.31 PM IST
- No tax levy if cash payment for goods, services is less than Rs 2 lakh, clarifies CBDTThe I-T Dept has been levying 1 per cent TCS on cash purchase of bullion in excess of Rs 2 lakh and jewellery in excess of Rs 5 lakh since ...27 Jun, 2016, 05.19 PM IST
- 1 per cent tax to be levied on car purchase via cashFinance minister Arun Jaitley had announced 1 per cent tax collected at source (TCS) on cars costing more than Rs 10 lakh during his budget...09 Jun, 2016, 11.23 AM IST
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