THIS year has seen significant developments in indirect tax, with key changes such as the sales tax on low-value goods (LVG), ...

Taxes play a crucial role in a country's economic growth. Know the key differences between direct and indirect taxes, along with their benefits and drawbacks.

Mainly there are two types of taxes in India: Direct tax and Indirect tax. Direct tax - In simple terms, this is the tax ...

The GST was to be a ‘good and simple tax’ when introduced in 2017 after a decade in preparation. After the latest meeting of ...

Historically, revenue efforts in Bangladesh have been seriously inadequate, which has constrained public expenditure.

While GST has proved to be a transformational reform, taxpayers faced teething issues in the initial years, including ...

India's Goods and Services Tax council achieved consensus among its members on the need to lower the tax on health and life ...

These vehicles are purchased by the authorised dealers from the vehicle manufacturers against tax invoices and are typically ...

THE tax revenue base of Malaysia is extremely narrow with around 15% of the workforce being subject to income tax and around ...

In Jamaica, for the financial year 2024/2025, the Government projects to collect $924.37 billion in taxes, with major ...

Conclusion: Since there was a failure in complying with the requirements of Regulation 17 (5) of the Customs Broker Licensing ...

GST sleuths detect ₹82,000 crore tax evasion by online gaming firms, leading to only ₹53 crore voluntary recovery.