News

CESTAT Chennai rules on service tax liability for TASMAC's bar license fees, affirming statutory function post-March 2013 and citing judicial ...
A new US bill introduces a 3.5% excise tax on overseas remittances from non-citizens, including NRIs and immigrants, ...
The bill modifies the revenue distribution from excise taxes on rum produced in or imported from Puerto Rico and the U.S. Virgin Islands.
Excise taxes apply to a single good, service or activity for a special reason. Examples include fuel, coal and alcohol.
House team will begin public hearings in Busia and Migori then Trans Nzoia and Nandi on Wednesday.Among proposals in the Bill is the introduction of excise duty on imported gas cylinders.
Last week, the US House of Representatives passed H.R. 1, the “One Big Beautiful Bill Act.” This alert highlights the provisions in the Bill ...
According to the EAC Secretariat, trade among the seven member states and the rest of Africa rose by $584.6 million to $4.3 ...
The budget reconciliation bill passed by the House of Representatives on May 22, 2025 (the “Reconciliation Bill”), contains a ...
A proposed US bill, dubbed 'The One Big Beautiful Bill,' could impose a 3.5% remittance tax on money transfers from the US to ...
Expansion Of Qualified Expenses For 529 Plans The bill expands the definition of qualified expenses ... increasing and tiering the 1.4% excise tax on the net investment income of large college ...
An excise tax is typically charged on companies that provide a good ... both in support and in opposition to the legislation. “The bill’s definition of ‘social media platform’ and ‘consumer data’ are ...
MANILA, Philippines — The higher consumption of “sin” products last year pushed the government’s excise tax collection to P303 billion, with the gap finally narrowing to single digit.