India's Goods and Services Tax (GST) collections in January soared to Rs 1.96 lakh crore, marking a 12.3% rise from the previous year's Rs 1.74 lakh crore, as per data released by the finance ministry ...

Recognising the significant contributions of the middle class, the Government of India has consistently reduced their tax burden over the years. The ‘Nil-Tax’ slab has been progressively increased ...

India's GST revenue recorded a 12.3% increase in January, reaching Rs 1.96 lakh crore. This rise is attributed to higher domestic activity and improved tax compliance. Notably, tax revenue from ...

This template is perfect for businesses that need to charge and track taxes. It includes fields for tax rates and automatically calculates the total tax amount. A proforma invoice is a preliminary ...

New Zealand has unveiled new visitor visa policies and tax measures that allow tourists to work remotely for overseas employers or clients while visiting the country. This applies to applications ...

In the upcoming Budget 2025 session of Parliament, the government is likely to introduce a new income tax bill to simplify the current I-T law, make it comprehensible and reduce the number of pages by ...

Finance minister Nirmala Sitharaman plans to introduce a bill for a new direct tax law during the budget session. The focus is on simplifying provisions and making the language more accessible for ...

If you’re thinking about buying an electric car or a plug-in hybrid, you should be aware that the Trump administration is considering eliminating a federal EV tax credit of up to $7,500.

BENGALURU: Following reports suggesting a possible revision of Goods and Services Tax (GST) rates for the garment and textile sector, the Karnataka Hosiery and Garment Association (KHAGA ...

Under GST, GSTIN of the supplier is mandatorily required to be mentioned in the tax invoice along with a consecutive serial number that is unique for each financial year. Hence, businesses must adopt ...

The CPI results were heavily influenced by the start of the two-month break on the GST and the harmonized sales tax on Dec. 14 for certain items, including restaurant meals, alcoholic beverages ...

The IRS has rolled out new regulations for crypto tax: Rev. Proc. 2024-28 In other words, if you hold crypto, it’s time to pay attention. Here’s what you need to know. 👇 If you've historically used ...