Last year the Internal Revenue Service launched a program that allowed some tax filers to file their returns directly to the ...

The Union Budget, which focused on economic expansion, infrastructure development, MSMEs, futuristic cities, and middle-class ...

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

KUALA LUMPUR: Malaysia needs tax reforms to raise additional revenues for reducing inequality, according to the World Bank.

Malaysia needs tax reforms to raise additional revenues to reduce inequality, according to the World Bank. Its latest report titled "A Fresh Take on Reducing Inequality and Enhancing Mobility in ...

On February 1, 2025, the Union finance minister submitted her submissions on revised Procedures, amendment of Sections, Tax proposals (both Direct and Indirect), etc. There was also the announcement ...

Sonder Europe Limited (Sonder) leased self-contained apartments from landlords for 2 to 10 years, furnishing and decorating them if needed ...

The Union Budget 2025-26 introduces several amendments to indirect taxes, covering GST and customs. In GST, changes include allowing Input Service Distributors to distribute input tax credit for inter ...

Summary: The Finance Bill 2025 presents significant updates in both direct and indirect taxes aimed at improving business ease, reducing litigation, and widening the tax base. Direct tax proposals ...

An amendment to the Customs Act in the Finance Bill 2025 streamlines tax refunds and duty payments, allowing businesses to ...

Much jubilation about income tax cut, but millions will fall out of the income tax net,” Ranade wrote, pointing out a ...

MUMBAI: The budget has pegged fiscal deficit, which is the quantum of government borrowings, for the next fiscal at 4.4% and the same for the current fiscal ret ...