Friday, 25 April 2025
Friday, 25 April 2025
The Central Board of Direct Taxes on April 22 has notified a list of 10 items where, if their value exceeds ₹10 lakh, there will be a 1 per cent tax collected at source. The list includes wrist watches, art pieces such as antiques, paintings, sculptures, collectables like coins and stamps, sunglasses, handbags and purses, shoes, sportwear and equipment such as golf kits, home theatre systems and horses for racing and polo
