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 ...

Setting up operations in a new country involves overcoming regulatory complexities, ensuring compliance with local laws, and ...

Congress leader and Wayanad MP Priyanka Gandhi on Tuesday slammed Union Finance Minister Nirmala Sitharaman's address in ...

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.

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

Which nation ultimately bears the cost of a tariff depends on what that country makes and its pull in the global market.

Duties of 25 percent on steel and aluminum will flow through to car buyers, beer drinkers, home builders, oil drillers and ...

Way Bill Applicability for Gold and Precious Stones. The e-Way Bill (EWB) system under the Goods and Services Tax (GST) ...

In recent months, tariffs have become a significant concern for businesses importing goods, particularly in relation to trade ...

Dozens of states have a general sales tax. In Illinois, the tax covers consumer goods, but not services. That's a mistake, ...

In a fair tax system, everyone pays their fair share, no one pays more than they can afford, and the government raises enough ...