Input Tax Credit is Not Restricted if the Construction of Premises Satisfies the Functional Utility Test and is Germane to Business In the case of Chief Commissioner of Central Goods and Services Tax ...

Lawmakers will consider a bill to increase the state excise tax and wipe out the state income tax for most residents.

Indirect taxes are charged on goods and services, not on income or profits. These taxes are collected by businesses, such as ...

Paytm parent One97 Communications has received a goods and service tax (GST) demand notice of INR 3.73 Cr from ...

1. Provision allowing Input Service Distributors to distribute input tax credit for inter-state supplies subject to reverse ...

The GST Council, led by Finance Minister Nirmala Sitharaman, plans to simplify and lower tax rates as the review nears ...

President Donald Trump's tariffs on America's three largest trading partners have led to questions about how tariffs work and who pays for them when goods are imported.

Americans pay less in taxes than citizens in many other developed countries. But there are tradeoffs for those savings.

Fed’s hawkish stance and potential reduction in rate cuts for 2025 have unsettled markets. Read more on market expectations, ...

While Vietnam’s e-commerce sector continues to expand, tax collection remains a challenge. Authorities are now pushing for ...

The measure to leave the surcharge in place for an additional 17 years is expected to win strong support from Kauaʻi, Maui ...

High-income earners, retirees and the wealthy have the most to gain from no state income tax, local experts said. Low and middle class people feel more of the burden from sales and property taxes and ...