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 ...

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

Is the tax bonanza really as big a game-changer as some pundits are claiming it to be? GST cut would have impacted us right ...

In recent months, tariffs have become a significant concern for businesses importing goods, particularly in relation to trade ...

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

While ongoing tax reforms are commendable, the government must address additional challenges to achieve its projected revenue ...

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 ...

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

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

Trump imposes tariffs on Canada, China and Mexico. Follow the latest news on the tariffs and other Trump administration moves ...

Paytm parent One97 Communications has received a goods and service tax (GST) demand notice of INR 3.73 Cr from ...