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 ...

New Income Tax Bill 2025 Highlights: Union Finance Minister Nirmala Sitharaman presented the new Income-Tax Bill 2025 in Lok ...

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 ...

The Goods and Services Tax (GST), introduced in 2017, has been good intention undone by poor implementation. How can it be reformed?

In many countries, we pay consumption tax when we buy goods and services from businesses, which then remits the taxes to the ...