SC Ways and Means Chairman Bruce Bannister's bill cuts taxes by $400 million in year one, reducing top rate from 6.2% to 5.39 ...

Rule 12(ca) is also modified to include assessees with such capital gains along with income computed under sections 44AD, ...

A Q&A on the potential 2026 estate, gift, and generation-skipping transfer (GST) tax changes and how counsel should approach ...

Cuttack: Orissa high court has held that income of individual legal practitioners is exempted from service tax levy, while ...

Introduction: It has been seven and a half years since GST was introduced in India . Despite several Circulars and Press releases issued by the Authorities, there are a few misconceptions in ...

A Bengaluru professor has made a case for taxing the IPL, saying the billions generated by the cricketing extravaganza could ...

There has been a tremendous increase in the number of income tax notices issued to taxpayers in India in recent months. These ...

One week after Governor Kemp signed Georgia’s latest income tax cut into law, legislators in neighboring South Carolina are ...

You agree that we have the right to suspend your account without notice. Please note some users may not behave properly and may post content that is misleading, untrue or offensive. It is not ...

Aussies are paying a larger proportion of the nation’s tax bill, but there’s a silver lining to the increasing tax burden.

The government has refuted claims of imposing GST on UPI transactions exceeding ₹2,000, dismissing them as baseless. The finance ministry clarified that GST applies only to charges like MDR ...

Amid circulating claims on social media, the Centre has firmly denied reports that it is planning to impose GST on UPI transactions over Rs 2,000. The Ministry has clarified that such claims are ...