How India’s 1% TCS on Luxury Goods Is Reshaping the Future of High-End Consumption
India’s luxury market is undergoing a significant transformation. With the recent introduction of a 1% Tax Collected at Source (TCS) on luxury items priced above ₹10 lakh, the government is sending a clear message: the era of informal, shadow luxury consumption is ending. While at first glance the move may appear to be a minor […]
How India’s 1% TCS on Luxury Goods Is Reshaping the Future of High-End Consumption Read More »