A GOP senator says President Trump’s tariffs are a tax on American consumers, and Trump knows but the goal is to create open markets and long-term fairness ...

Explore how South Africa's proposed 16% VAT rate stacks up against global standards and what it means for consumers.

While lower GST could help increase penetration of insurance, some experts call for controlling medical inflation as well ...

In the realm of taxation, income is classified into various categories, with one of the most significant being Income from Business and Profession. This ...

However, the province left tax rates outside the AIT law passed last year. Federal, provincial govts yet to exchange negative, positive lists for GST Meanwhile, Sindh informed the IMF mission that its ...

The GoM will examine the Constitutional and legal feasibility for levy of a special cess by states for revenue mobilisation in the case of natural calamity.

The GST Council has asked the Insurance Regulatory and Development Authority of India (IRDAI) to provide recommendations on ...

For years, petroleum was the undisputed heavyweight in Pakistan’s taxation structure. That’s no longer the case. With GST on petrol and HSD scrapped in favor of the Petroleum Levy (PL), the share of ...

Mad Over Donuts was served a notice demanding Rs 100 crore for allegedly misclassifying its business as a restaurant service.

Given the data these numbers depend on, annual output calculations take time. We should, however, aim to refine data collection further, incorporate other data sources (like GST) and accelerate ...

California also has one of the highest sales tax rates in the U.S., especially on gasoline. The Golden State is also one of the most expensive states for homeowners due to generally high home prices.

Finance Minister Nirmala Sitharaman announced that GST rates will be reduced soon, prompting the Congress to call for a ...