No major tax policy changes to ensure continuity and certainty. 3. No modifications of tax rates, preserving predictability ...

From April 6, the start of the new tax year, double-cab pick-up trucks will no longer be classified as commercial vehicles ...

Members of the House of Representatives on Wednesday called for removal of contentious clauses from the tax reform bills as the proposed legislation scaled second reading at the Green Chamber.This is ...

BJP MP Tejasvi Surya praised the new Income Tax Bill, stating it will modernize and simplify India’s Direct Taxation System, ...

After months of uncertainty, the House of Representatives on Wednesday debated the four tax bills transmitted to the National Assembly for consideration and passage by President Bola Tinubu.The bills ...

The Supreme Court (SC) on Wednesday clarified the prescriptive periods for filing value-added tax (VAT) refund claims with ...

New taxes, like Social Security, were introduced with Roosevelt's New Deal. The Tax Cuts and Jobs Act of 2017 aimed to cut individual, corporate, and estate tax rates. Investopedia / Sabrina Jiang ...

The Laken Riley Act, as the law is known, directs the authorities to detain and deport immigrants who are accused — not yet convicted — of specific crimes, if they are in the country illegally.

Maharashtra Government has enacted the Maharashtra Value Added Tax (Amendment and Validation) Act, 2024, introducing key amendments to the MVAT Act, 2002, with retrospective effect from April 1, 2005.

The Jobs and Growth Tax Relief Reconciliation Act of 2003 (JGTRRA) reduced the tax on most dividend income and some capital gains to 15%. This change prompted companies to increase or pay ...

“The new Income Tax law will be introduced in the Budget session of Parliament. It will be a new law and not an amendment to the existing Act. Currently, the draft law is being vetted by the law ...