News

Indirect tax professionals now rate compliance as a bigger obstacle than technology and automation; in other news, Italy ...
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 ...
Brazil’s tax reform has long since moved beyond the theoretical realm and into practice. The question now is: are companies effectively assessing the practical impacts of this substantial ...
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.
"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.
G.O.P. senators are considering whether to further curb the president’s favorite tax cuts as they rewrite key portions of the sprawling domestic agenda bill passed by the House.
Highest income bracket (PKR 3 million/month, Annual: PKR 36 million): Tax in 2025: PKR 13,051,500 annually Tax in 2026: PKR 12,848,850 annually Monthly saving: PKR 16,888 Across-the-board relief: ...
The GST is estimated to provide an immediate boost of 0.9% – 1.4% of the GDP. GST is in a form of comprehensive indirect tax on manufacturing, sales and consumption of goods and services within the ...
Gov. Gavin Newsom suggested last week that California may withhold taxes it pays to the United States if President Donald Trump slashes federal funding to the state. It could be another front in the ...