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

The new popcorn taxes that India introduced while implementing the Goods and Services Tax has become a hot topic on social ...

The government’s Viksit Bharat vision is reflected in the Union Budget with a persistent focus on ‘Make in India’, export ...

Originally set to kick off at the beginning of 2022, the IRS planned to implement a new reporting rule that would require ...

Availability of ITC on construction costs has been restricted retroactively from July 1, 2017, impacting commercial real ...

Budget introduces significant amendments to the CGST Act, 2017. The definition of Input Service Distributor (ISD) under Section 2(61) is revised to facilitate ITC distribution for inter-state supplies ...

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

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 ...

The proposed amendment, under Section 148A of the CGST Act, would empower authorities to monitor the movement of specified ...

It’s been 25 years since a government sold tax reform to Australians. The time has come for them to try again.

Finance Minister Nirmala Sitharaman has announced that under the new income tax regime, nil tax slab has been raised from ₹7 ...

CGST Commissionerate arrests person for ₹227 crore fake input tax credit fraud, passed on credit to own units.