The GST Council, led by Finance Minister Nirmala Sitharaman, plans to simplify and lower tax rates as the review nears ...

Indirect taxes are charged on goods and services, not on income or profits. These taxes are collected by businesses, such as ...

President Donald Trump's tariffs on America's three largest trading partners have led to questions about how tariffs work and who pays for them when goods are imported.

Temporarily mitigating what has been an unsettling time in the apparel industry in December, the issue of increasing the goods and services tax in India has been rolled over into the new year.

The Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman presented the Union Budget 2024-25 in Parliament, today i.e. February 02, 2025. Majorly the changes were earlier ...

Way Bill Applicability for Gold and Precious Stones. The e-Way Bill (EWB) system under the Goods and Services Tax (GST) ...

Lawmakers will consider a bill to increase the state excise tax and wipe out the state income tax for most residents.

Anyone who earned more than $5,000 in 2024 selling tickets, musical instruments or other goods and services online should expect to get a 1099-K tax form this month. Online platforms such as ...