The Internal Revenue Service (IRS) has introduced a significant change in tax reporting regulations for digital income, which ...

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

Broadly, there are two categories of taxes: direct and indirect. Direct taxes are progressive levies, including income tax, ...

Goods and Services Tax collections rose to a nine-month high of Rs 1.96 lakh crore in January, staying above the Rs 1.7 lakh crore mark for the eleventh consecutive month, data released on February 1 ...

The gross GST collection rose 7.3 per cent year-on-year to Rs 1.77 lakh crore in December despite significant increase in both domestic and export refunds.

The All India Mobile Retailers Association, which represents 1.50 lakh retailers, says these measures will improve ...

Among indirect taxes, goods and services tax (GST) will contribute the maximum 18 paise in every rupee of revenue ...

The introduction of a "track and trace mechanism" for certain goods announced in the Union Budget 2025-26 will assist in controlling the menace of illegal trade, especially in cigarettes, and help the ...

President Donald Trump says he will impose his tariffs over the weekend, gambling that taxing American companies for imported goods will ultimately punish the countries that make stuff Americans want ...