1% TCS on Luxury Goods Over ₹10 Lakh:
India has taken an unprecedented step by terminating the Indus Water Treaty (IWT) with Pakistan, a move that signifies the most serious breakdown in diplomatic relations between the two nations in recent years. Alongside the treaty’s termination, the Atari-Wagah border has been sealed, visa services for Pakistani citizens suspended, and defence advisors from both countries have been withdrawn. These actions reflect a decisive strategic shift in India’s foreign policy approach toward its western neighbour
