Both sales tax and GST are indirect taxes, meaning they are charged on transactions (purchases) instead of income, and the cost is ultimately paid by the person who buys the final product. The ...
This news report details the upcoming implementation of new Goods and Services Tax (GST) rates on tobacco products, effective from February 1st. The government has mandated a 40% GST on cigarettes and ...
The States of Guernsey is due to vote on the future tax policies for the island later this year.
The new GST regime might have rationalised rates but it systematically favours large agribusinesses, quietly discouraging small farmers ...
India has shown rare fiscal maturity in 2025 by successfully concluding GST 2.0 and retiring the compensation cess—gains that ...
As Budget 2026 draws closer, expectations are rising that the government may simplify personal income tax the way it streamlined GST. With GST moving towards fewer, broader rates over the past year, ...
By Smita Singh A critical aspect of GST implementation over the past 8 years to some extent has been policy variability. In ...
Budget 2026 income tax expectations: Will FM Nirmala Sitharaman reduce the number of tax slabs under the new income tax ...
The GSTN now allows hotels to declare premises as “specified” online, determining whether restaurant services attract 18% GST ...
Highlighting a recurring pattern in GST litigation and audits, the financial expert pointed out that notifications cannot be ...