One arrested for availing fake input tax credit of ₹227 crore
CGST Commissionerate arrests person for ₹227 crore fake input tax credit fraud, passed on credit to own units.
No GST on penal charges levied by banks, NBFCs and other regulated entities on loans, clarifies CBIC
The government has clarified that no bank, NBFC, regulated entities (REs) can charge Goods and Services Tax (GST) on penal ...
The big tax Americans don't pay — and what we give up in exchange
Americans pay less in taxes than citizens in many other developed countries. But there are tradeoffs for those savings.
The Financial Express15h
Budget 2025 Expectations: FM expected to use indirect tax as key to maintain balance between growth and fiscal discipline
The upcoming budget presents a crucial opportunity to refine indirect tax policies, boost revenue generation, and foster ...
JD Supra7d
Brazilian Tax Reform: Complementary Law No. 214/2025 Sanctioned
Brazil’s president sanctioned Complementary Law No. 214/2025 (CL 214), stemming from the approval of Complementary Bill of ...
Green Wants To Extend Excise Tax Surcharge On Neighbor Islands
The measure to leave the surcharge in place for an additional 17 years is expected to win strong support from Kauaʻi, Maui ...
From avocados to autos, Trump tariffs on Canada and Mexico could hit close to home
The 25% tax that President Donald Trump plans to slap as soon as Saturday on imports from Canada and Mexico could drive up ...
What is a tariff, and how could the tax impact you? What to know as tariffs could soon go into effect
How much do you pay for gasoline? Guacamole? Flowers? Prices on those products and more could go up soon as this weekend if President Donald Trump's threatened tariffs on China, Canada, Mexico and ...
Talk Business3d
Fort Smith’s 2024 sales tax revenue slightly below 2023 record levels
While Fort Smith sales tax revenue rebounded slightly in December, like they did in the previous month, the 2024 totals still ...
5 Ludhiana businessmen booked for tax evasion
According to the first-information reports (FIR), the accused allegedly generated fake GST bills and evaded tax payments ...
Global News7d
What is a tariff? A guide to the hit on Canada if Trump pulls the trigger
1:50 Trump’s tariff threats to China could hit Canadian wallets United States President Donald Trump’s tariff threats are not going away. Before and after assuming office in his second term ...
CNN4d
Welcome to tax season. What to know before you file
If you owe any money to the IRS for tax year 2024, April 15 is still your payment deadline. If you were paid for goods and services you provided through payment apps or via online marketplaces ...