GST exemption also makes vouchers more appealing to consumers, who can redeem them without the worry of extra taxes, potentially increasing footfall in both physical stores and online platforms ...

Sitharaman was answering question raised by AITC MP Nadimul Haque on reforms under GST and if govt was planning to simplify ...

The GST Council, led by Finance Minister Nirmala Sitharaman, plans to simplify and lower tax rates as the review nears ...

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

Individual incomes have been growing slower than inflation in India, leading to sharp slump in consumption. Reduction in GST, ...

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.

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

Lawmakers will consider a bill to increase the state excise tax and wipe out the state income tax for most residents.

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 ...

The rapid-fire shots of tariffs and import curbs hearken back to Trump’s first term in office, when the U.S. and China ...