While carbon taxes are a key instrument in the climate policy toolkit, their limitations in the face of inelastic demand and global regulatory fragmentation suggest that complementary measures are ...

New Delhi: The Central Board of Indirect Taxes and Customs (CBIC), the government’s indirect tax policy body, has laid down an annual plan for a supportive, people-focused and tech-driven tax ...

New Delhi: The move by the Directorate General of GST Intelligence to (DGGI) close ₹32,403-crore of pre-tax proceedings against Infosys Ltd last week goes beyond the simple resolution of a tax ...

Owing to massive inflation-driven increases in nominal collections, sharp currency depreciation, and a greater reliance on indirect taxes, the Federal Board of Revenue (FBR) has achieved its ...

"During the (sales-tax) holiday, the state’s 6.25% sales tax is suspended for most retail items priced under $2,500," according to a release. Here's what to know.

In a significant ruling with far-reaching policy implications, the Sikkim High Court has allowed the refund claim of accumulated input tax credit (ITC) upon the closure of a business.

Learn about the 2025 amendment to Form CRL-1 under the Companies Act. Understand new disclosure requirements, filing process, ...

Indirect tax professionals now rate compliance as a bigger obstacle than technology and automation; in other news, Italy ...

This means that the zero-rating of indirect purchases would apply even if the purchasing exporter does not enjoy any tax incentives, as long as it meets the criteria set under the law and regulations.

Filed Monday, the suit comes less than a week after the U.S. Department of Defense issued a new 15% cap on indirect costs for federally funded research.

The ITR or income tax filing is a crucial annual financial task that needs to be taken care of by many salaried and self-employed professionals. The income tax filing season for 2024-25 has started.

The Tax Exemption Threshold is raised from Rs 390,000 to Rs 500,000 or by 28%. It means that income earners of about Rs 38,500 monthly will not be liable to pay income tax, thereby providing ...