Ohio approves $450M in tax breaks for Anduril
Ohio’s largest single job creation project in state history could receive more than $450 million in tax breaks. The Ohio Tax ...
Budget 2025: Key reforms expected in the indirect tax ecosystem
The budget aims to include key sectors under GST, streamline assessment processes, and provide clarity on plant and machinery ...
Strengthening India’s position through strategic reforms in indirect taxes
As we stride toward the vision of a ‘Viksit Bharat,’ nine strategic priorities outlined in Budget 2024, ranging from ...
No GST on penal charges levied by banks, NBFCs: CBIC
The CBIC also clarified that this GST exemption is limited to payment settlement function only, which involves handling of ...
What is indirect tax and how does it work?
Indirect taxes are effectively a charge, levy or duty that you pay when you purchase certain items or services. You pay ...
The Daily Star10d
Indirect taxes critically important for unregulated market
Commerce Adviser Sk Bashir Uddin today defended the interim government’s recent move to increase Value Added Tax (VAT) saying ...
Union Budget 2025: These indirect tax initiatives can unlock India’s growth potential
CBIC has been taking steps to digitise the compliance processes such as broad-basing e-invoicing and Invoice Management ...
omanobserver3d
A tax on an Indian snack, banana fritters, draws criticism
The Indian government's Goods and Services Tax (GST) Council recently imposed a 5% tax on popcorn and other popular snacks, ...
Union Budget 2025: Why tax breaks are crucial for India's space aspirations
Fiscal incentives and GST reforms in the upcoming budget may pave the way for India’s space industry to attain newer heights ...
Mint13d
How can India’s consumption growth be revived?
The net tax burden on Indian households has surged in recent years. Personal income taxes, combined with net indirect taxes (indirect taxes minus government subsidies), now exceed 20% of private ...