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 ...

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

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

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

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

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 ...

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

The number of U.S. states which have introduced a flat individual income tax rate has grown significantly in recent years. In ...

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