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

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

New tax rules hit in 2025 just in time to trigger more 1099-K paperwork for Detroit Lions ticketholders who are reselling hot ...

Additionally, the deadline for the October-December 2024 quarter has also been adjusted, with varying due dates for different ...

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

Tax hikes on essential items such as medicines, LPG, and mobile phone SIM cards are implemented immediately after the ...

Political parties have criticised the government for increasing value-added tax (VAT) and supplementary duty (SD) on nearly ...

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

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

NEW DELHI, Jan 1 (Reuters) - India collected 1.77 trillion rupees ($20.66 billion) in goods and services tax in December, 7.3% higher than the same period last year, the government said on Wednesday.