Authorities have busted a Goods and Services Tax (GST) evasion racket involving a fraudulent input tax credit (ITC) scam of Rs 26.92 crore and arrested its “mastermind” in Maharashtra’s Thane district ...

Setting up operations in a new country involves overcoming regulatory complexities, ensuring compliance with local laws, and ...

Congress leader and Wayanad MP Priyanka Gandhi on Tuesday slammed Union Finance Minister Nirmala Sitharaman's address in ...

In many countries, we pay consumption tax when we buy goods and services from businesses, which then remits the taxes to the government. Tax revenue is used by the government to fund essential ...

On the most basic level, artists who may not earn much or any of their income from the sale of their artistic output need to prove to the IRS that they are professionals and not just dilettantes.

A well-structured, targeted tax relief system is crucial to enhance economic inclusivity, stimulate demand, and position India as a globally competitive market ...

China imposes new tariffs on U.S. imports in response to Trump's duties on steel and aluminum, escalating trade tensions ...

Which nation ultimately bears the cost of a tariff depends on what that country makes and its pull in the global market.

Nirmala Sitharaman reassures that no GST rates have increased since implementation, highlighting a reduction in average rates ...

Finance Minister Nirmala Sitharaman assures no GST rate increase since its implementation, highlighting rate reductions and ...

Finance Minister Nirmala Sitharaman on Tuesday dispelled concerns over a rise in Goods and Services Tax (GST), saying that ...

Additionally, the finance minister highlighted that there has been a significant decrease in GST rates, decreasing from 15.8% ...