If you are confused by personal finance terms, jargon and calculations, heres a series to simplify and deconstruct these for ...

Political parties have criticised the government for increasing value-added tax (VAT) and supplementary duty (SD) on nearly ...

Legislative Assembly of the National Capital Territory of Delhi and assented to by the Lt. Governor, introduces key changes ...

Tax hikes on essential items such as medicines, LPG, and mobile phone SIM cards are implemented immediately after the ...

Additionally, the deadline for the October-December 2024 quarter has also been adjusted, with varying due dates for different ...

Congress criticises GST as a tool for looting the public, demands end to "tax terrorism" in upcoming Union Budget.

Consumption tax is a tax on goods or services – what you spend, rather than what you earn. In the U.S., consumption tax comes ...

The current high level of inflation has already placed significant financial pressure on the common people, and increasing ...

In contrast, Canada imposes a uniform 5 per cent GST on most goods and services. Singapore has a uniform GST of 9 per cent.

Temporarily mitigating what has been an unsettling time in the apparel industry in December, the issue of increasing the ...

CBIC’s Circular No. 241/35/2024-GST clarifies the availability of input tax credit (ITC) under Section 16(2)(b) of the ...

The Tax Laws Amendment Act 2024 introduced new taxes aimed at boosting government revenue and addressing fiscal deficits.