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GST Reform: Steps Towards Fewer, Lower Tax Rates
The GST Council, led by Finance Minister Nirmala Sitharaman, plans to simplify and lower tax rates as the review nears ...
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e-Way Bill Applicability for Gold and Precious Stones
Way Bill Applicability for Gold and Precious Stones. The e-Way Bill (EWB) system under the Goods and Services Tax (GST) ...
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What Is an Indirect Tax and How Does It Impact Your Money?
Indirect taxes are charged on goods and services, not on income or profits. These taxes are collected by businesses, such as ...
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.
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‘Average tax under GST dropped from 15.8 % to 11.3 %,’ Nirmala Sitharaman says in RS Budget session
Sitharaman was answering question raised by AITC MP Nadimul Haque on reforms under GST and if govt was planning to simplify ...
No Income Tax For Working Class? Unions Float Radical Proposal
Lawmakers will consider a bill to increase the state excise tax and wipe out the state income tax for most residents.
Tax Guru10d
Union Budget: Analysis of changes in Goods & Service Tax
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 ...
What are tariffs, how do they work and who pays for them?
President Donald Trump's tariffs on America's three largest trading partners have led to questions about how tariffs work and who pays for them when goods are imported.