CBDT Amends Form 27EQ: TCS Now Applicable on Luxury Goods and Collectibles

In a move aimed at expanding the tax base and ensuring better traceability of high-value transactions, the Central Board of Direct Taxes (CBDT) has issued a notification amending the Income-tax Rules, 1962. The amendment, published as the Income-tax (11th Amendment) Rules, 2025, mandates the collect

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CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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