Authorities have busted a Goods and Services Tax (GST) evasion racket involving a fraudulent input tax credit (ITC) scam of ...

The Pune Zonal Unit of DGGI has uncovered a GST evasion scheme involving ₹1,196 crore, arresting one individual. A network of ...

Authorities have busted a Goods and Services Tax (GST) evasion racket involving a fraudulent input tax credit (ITC) scam of Rs 26.92 crore and arrested its “mastermind” in Maharashtra’s Thane district ...

A well-structured, targeted tax relief system is crucial to enhance economic inclusivity, stimulate demand, and position India as a globally competitive market ...

The central bank has attributed this deviation to three primary factors: a more significant than anticipated increase in ...

THE Bureau of Internal Revenue (BIR) last Jan. 16 issued Revenue Regulations (RR) 3-2025 implementing provisions of Republic Act (RA) 12023 that imposed a 12-percent value-added tax (VAT) on gross ...

Veteran Bollywood actor and Samajwadi Party leader, Jaya Bachchan, has slammed the Indian government for ignoring the film ...

While South Africans turn their focus to the upcoming budget speech in February 2025, many are wondering how the expected ...

China imposes new tariffs on U.S. imports in response to Trump's duties on steel and aluminum, escalating trade tensions ...

We take a closer look at how European policymakers could react. Spoiler alert: it's complicated. The Trump hurricane ...

Freebies, barter deals, and social media earnings will no longer go unnoticed, and influencers will be required to disclose ...

On the most basic level, artists who may not earn much or any of their income from the sale of their artistic output need to prove to the IRS that they are professionals and not just dilettantes.