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Hosted on MSNLower GST burden? Average tax rate falls from 15.8% to 11.3%, reveals FM Nirmala SitharamanFinance Minister Nirmala Sitharaman on Tuesday informed the Rajya Sabha that indirect tax under the Goods and Services Tax ...
Madras High Court directed granting of one final opportunity of being heard as demanded by assessee on payment of 10% of the disputed taxes under GST. Accordingly, order set aside and matter remanded ...
Karnataka High Court held that in case of service of retreading tyres, service tax is payable only with respect to the service component under the Finance Act. Service tax is not payable on the entire ...
Duties of 25 percent on steel and aluminum will flow through to car buyers, beer drinkers, home builders, oil drillers and other users of metal goods.
Individual incomes have been growing slower than inflation in India, leading to sharp slump in consumption. Reduction in GST, ...
In November, the States directed P&R to develop a package known as ‘GST-plus’ – which includes 5% GST and reductions in income tax and social security contributions – to be introduced from the start ...
U.S. President Donald Trump has said he will impose tariffs on imports of steel and aluminium and raise rates to match those of other countries in the coming week.
In recent months, tariffs have become a significant concern for businesses importing goods, particularly in relation to trade ...
Dozens of states have a general sales tax. In Illinois, the tax covers consumer goods, but not services. That's a mistake, ...
In a fair tax system, everyone pays their fair share, no one pays more than they can afford, and the government raises enough ...
Some of Georgia's biggest companies are left unsure of exactly how their supply chains and product sales will be affected by tariffs in the days, weeks and months to come.
China’s tit-for-tat duties on U.S. imports took effect Monday, just hours after U.S. President Donald Trump announced that he ...
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