India collected 1.77 trillion rupees ($20.66 billion) in goods and services tax in December, 7.3% higher than the same period ...

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

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

While hiking value-added tax (VAT) on 43 goods and services, the National Board of Revenue (NBR) is also focusing on widening ...

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

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

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

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

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

Indonesia began 2025 with an increase in the value-added tax (VAT) on luxury goods and services in a bid to boost state ...

Indonesia's President Prabowo Subianto on Tuesday said a planned increase in value-added tax (VAT) rate by one percentage ...

With new regulations and potential adjustments on the horizon, 2025 promises to be another year of growth, reform, and ...