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India’s outbound #travellers 🛍 ✈ have something to cheer about, now that the finance ministry has relaxed the new #tax collected at source (TCS) rules on foreign spending.

The rules, which come into effect from 1 July, earlier stipulated 20% TCS on all types of international transactions.

Read here: https://www.livemint.com/money/personal-finance/india-relaxes-tax-rules-for-outbound-travellers-exempts-credit-and-debit-card-transactions-up-to-inr7-lakh-from-tcs-11685292589341.html
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#Twitter is facing another legal battle as its former public relations firm takes legal action against the social media platform for non-payment of invoices.

Read here: https://www.livemint.com/technology/tech-news/twitter-faces-lawsuit-over-unpaid-bills-by-former-pr-firm-joins-list-of-legal-challenges-heres-what-happened-11685330763737.html
The Indian Space Research Organisation (#ISRO), launches its advanced navigation satellite #GSLVF12 and #NVS01 on Monday.

This spacecraft is part of the NavIC series, a constellation of satellites designed to enhance monitoring and navigation capabilities.

Read here: https://www.livemint.com/news/india/isro-launches-gslv-f12-navigation-missile-11685335794306.html
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When the Indian summer sucks your energy, cool drinks & juices offer an oasis of relief. 🧃🥤

But many popular ones could breach your full-day sugar limit with a single pack, shows a Mint analysis.

Read here: https://www.livemint.com/companies/news/how-healthy-is-your-favourite-fruit-drink-11684861372429.html
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The Jet engine manufacturer #RollsRoyce is planning to layoff thousands of its workers to streamline its operations.

The luxury car manufacturer has hired consultants led by McKinsey & Co. to advise on the same, the report said. #Layoffs2023

Read here: https://www.livemint.com/companies/news/rollsroyce-to-cut-thousands-of-jobs-report-says-11685286503597.html