CBIC regularizes rate disputes on popcorn categories, clarifies GST rates based on ingredients and packaging, resolving interpretation issues.

As regards personal income tax (PIT), 8.1 crore income tax returns (ITRs) were filed in FY24, a mere 6% of our total ...

One of the most popular Indian cricketers is said to own 70 bikes and at least a dozen luxury cars. Data from the Federation ...

Sri Lanka has the lowest tax revenue collected through Value Added Tax (VAT) in South Asia while Maldives with a lower tax ...

Couples making Valentine’s Day plans can take advantage of the savings. Enjoy a tax-free restaurant meal. Chocolate is also ...

The president says the VAT system used across Europe gives other countries unfair trade advantages. Here’s how the system ...

Value-added taxes are common in Europe; President Trump calls them unfair.

It simplies the country’s income tax law to make it easier to grasp, enhance compliance and reduce litigation. While it makes ...

As the IRS continues to accept returns, here's what to know about tax rates for year 2024, how to track your refund and dates ...

The GST Council had set up the Chaudhary panel in September 2021 to streamline tax rates, resolve classification disputes, ...

U.S. President Donald Trump on Thursday asked his staff to come up with a plan to slap what’s known as reciprocal tariffs on ...

Substantial reduction in the Act’s volume The review has led to a substantial reduction in the Act’s volume, making it more ...