The government is reviewing the 8-year-old GST structure, focusing on reducing tax rates on consumer goods currently under ...

The House Ethics Committee on Friday told Rep. Alexandria Ocasio-Cortez to make additional payments for her attendance at the ...

The Centre believes that lower prices will drive higher sales, ultimately resulting in a tax base and increased long-term GST collections. Finance Minister Nirmala Sitharaman, in a recent interview, ...

India's urban consumption has fallen prey to stagnant wages and tighter lending conditions since FY24, but experts indicate that income tax cuts, falling inflation, and a long-pending proposal to ...

House Republicans lifted President Donald Trump’s $4.5 trillion tax breaks and spending cuts bill to final passage Thursday, overcoming multiple setbacks to approve his signature second-term policy ...

Many states offer sales tax holidays, during which they waive sales tax on clothes, computers, school supplies and more.

GST Council to discuss reducing 12% tax slab and finalizing service intermediary tax treatment, aiming to simplify and rationalize rates.

The survey captured a robust endorsement of the tax reform by businesses and they have expressed a strong sentiment to get to the next phase of GST reforms, Deloitte said in a statement.

Tata Steel faces a show cause-cum-demand notice from tax authorities regarding alleged irregular availment of input tax credit (ITC) amounting to over Rs 1,007 crore for fiscal years 2018-19 to ...

As anticipation builds around the 56th GST Council meeting expected in early July, Finance Minister Nirmala Sitharaman has signalled a significant overhaul of the Goods and Services Tax (GST ...

Tax 500,000 more people pushed into 40% tax brackets – three ways higher earners are hit Tax rates may not be rising but fiscal drag is still pushing up tax bills for higher earners ...

Despite the potential savings during sales tax holidays, you'll want to make sure you stick to a budget to avoid overspending ...