New tariffs are likely coming in Trump’s second term. While companies owe these import taxes, consumers usually foot the bill ...
The National Board of Revenue is set to revise down the value-added tax (VAT) and supplementary duty (SD) on a number of ...
The number of U.S. states which have introduced a flat individual income tax rate has grown significantly in recent years. In ...
Act, 1956 came into force on January 5, 1957, while CST rate was 1% originally and was increased to 2% and then to 3% and 4% (with effect from July 1, 1975), according to the Department of Revenue.
Indirect taxes are imposed on goods and services and paid by consumers indirectly at the time of buying goods and services.
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 ...