The Madras High Court recently reviewed a writ petition challenging an order under Rule 86B of the Tamil Nadu Goods and Services Tax (TNGST) Act, 2017, regarding the reversal of 1% Input Tax Credit ...

Himachal Pradesh High Court is reviewing a case concerning the relaxation of eligibility criteria for the appointment of Technical Members (State) to the GST Appellate Tribunal (GSTAT). The case, Amit ...

Before the budget is presented in Parliament, it is important to understand some important terms that frequently come up during budget speeches. Here's a simple explanation of some terms.

Broadly, there are two categories of taxes: direct and indirect. Direct taxes are progressive levies, including income tax, ...

The battle over protectionism shouldn’t see free-trade advocates firmly against President Donald Trump, Bloomberg Opinion ...

Gross domestic product (GDP) of a nation is the monetary value of “final” goods and services (those consumed by the final ...

In the grand framework of society, the principles of justice and equity are meant to guide the distribution of wealth and opportunity. In Pakistan, these ideals remain elusive despite its abundant nat ...

Market expectations for the FY26 Union Budget are low, but it could influence sentiment in a subdued equity environment. MOSL ...

President Trump is an avowed supporter of tariffs, but many experts say such trade measures can boost inflation.

To begin with, the IRS offers a series of directions on its website to help US citizens determine what their taxes are, ...