GST panel calls for higher tax on luxury…

[ad_1] A tax panel has proposed steep hikes in GST on luxury electric cars priced more than $46,000 (about ₹40 lakh), a government document showed, in what can be a setback for the likes of…

Why GST reforms are a big plus for…

[ad_1] A potential GST rate cut on cars could stimulate demand in the mass-market segment but demand for luxury cars is still likely to remain muted, according to an analyst. Luxury car sales are likely…

India’s newest spirits: A ₹75 lakh Scotch, luxury…

[ad_1] Premiumisation continues apace in the country’s spirits market. Among recent launches are the Balvenie Fifty, a 50-year-old Speyside single malt priced at ₹75 lakh, an agricole-style rum from the hills, and GianChand’s first unpeated,…

How ESG is reshaping luxury real estate

[ad_1] The world of luxury real estate is undergoing a profound transformation as developers increasingly embrace Environmental, Social, and Governance (ESG) principles. These guiding frameworks, far from being restrictive, open up new avenues for creativity…

Luxury neighbourhood in Lahore submerged in floods

[ad_1] The government of Punjab says it has launched one of its largest rescue operations in years, as more than a million people have been affected by floods in Pakistan's most populous province. Hundreds of…