The GST Council, led by Finance Minister Nirmala Sitharaman, plans to simplify and lower tax rates as the review nears ...

Indirect taxes are charged on goods and services, not on income or profits. These taxes are collected by businesses, such as ...

Americans pay less in taxes than citizens in many other developed countries. But there are tradeoffs for those savings.

Way Bill Applicability for Gold and Precious Stones. The e-Way Bill (EWB) system under the Goods and Services Tax (GST) ...

President Donald Trump's tariffs on America's three largest trading partners have led to questions about how tariffs work and who pays for them when goods are imported.

Lawmakers will consider a bill to increase the state excise tax and wipe out the state income tax for most residents.

The Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman presented the Union Budget 2024-25 in Parliament, today i.e. February 02, 2025. Majorly the changes were earlier ...

Dozens of states have a general sales tax. In Illinois, the tax covers consumer goods, but not services. That's a mistake, ...

President Trump’s obsession with the U.S. trade deficit is misplaced, as trade balances don’t matter and tariffs are a tax ...