The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

Jairam Ramesh labels the ongoing GST issue as 'GSTitis,' as Mad Over Donuts faces a Rs 100 crore tax notice for wrongly ...

The recent Consumer Price Index report from the Bureau of Labor Statistics showed that prices have risen by three percent ...

Finance Minister Enoch Godongwana softened the VAT hike but scrapped tax bracket relief, meaning all taxpayers face higher ...

Attorney General Gentner Drummond warned businesses Saturday that the Emergency Price Stabilization Act will go into effect ...

Section 24 (i) specifically mandates compulsory registration by a person making inter- state taxable supply. The term or phrase ‘’inter- state taxable supply’’ makes it ample clear that if the ...

Empowering the Cost of Living Commission to “examine the books and records of all businesses involved in the supply of food ...

The Bombay High Court’s decision on Mad Over Donuts' tax classification case could clarify GST treatment for restaurant and ...

Karnataka High Court has ruled against the practice of clubbing multiple financial years in a single Goods and Services Tax (GST) notice and order, in the case of Gopi Chand Vs Deputy Commissioner of ...

Expanding local currency usage will offer businesses greater flexibility in payment options, lowering transaction costs and ...

Generic drugmakers and hospital pharmacists warn that added financial pressure from tariffs could strain the nation's generic drug supplies.

President Donald Trump’s suspended tariffs on many goods from Canada and Mexico are set to take hold April 2, with more ...