Team TOIThe prevailing cold relationship with the Centre notwithstanding, the state did not show any signs of discomfort on ...

Tamil Nadu's tax revenue performance, challenges in VAT, GST collections, and strategies for digital payments and revenue ...

The House of Representatives has approved a new VAT sharing formula, allocating 55 percent to states and 35 percent to LG councils.

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

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 ...

Lawmakers in South Africa laid out plans to shore up the budgets for health and defense but also put up value added tax by ...

No other tax has such a large economic welfare loss. Despite the Henry Tax Review wanting them scrapped, taxes on insurance ...

Mumbai's Maharashtra government faces a record debt of ₹9.32 lakh crore while owed ₹1.66 lakh crore in unrealized tax and non ...

Dr Cassiel Ato Forson, Finance Minister, says the government will undertake a comprehensive Value Added Tax (VAT) reforms ...

The 2025 budgets tabled in parliament on 19 February 2025, which were not approved, proposed a 2% base point increase in the ...

Even as Maharashtra's gross state domestic product (GSDP) is expected to be Rs 49,39,355 crore in 2025-26 from Rs 45,31,518 c ...

Although the VAT in the Digital Age package changes will take a few years to be implemented, businesses need to start ...