In the post-LDC era, Bangladesh must shift away from indirect taxes, streamline tax policies, and ensure a level playing field for both local and foreign businesses to create a sustainable economy ...

LIVE: In big tax relief to middle class, finance minister Nirmala Sitharaman announced that no income tax will be levied on income up to ₹12 lakh under revised new tax regime. She announced several ...

The Union Budget 2025 presents an opportunity to simplify India’s capital gains tax structure, an approach that can enhance ...

Reduction in GST Rates The hospitality industry has long been advocating for a reduction in Goods and Services Tax (GST ...

With FM set to table the Budget 2025, tax experts and stakeholders remain optimistic of major changes in the tax regime, ...

This tax rate applies to the supply and installation services, making it a composite supply. GST on AC in India covers spare parts and accessories, further shaping the overall cost structure. This ...

For premium economy, business class, and first-class tickets, a GST rate of 12% applies uniformly across both domestic and international travel. This simplified structure has made ... travel expenses ...

In Japan, interest rates are set by the Bank of Japan's Policy Board in its Monetary Policy Meetings. The BoJ's official interest rate is the discount rate. Monetary Policy Meetings produce a ...

The association has proposed measures such as classifying telecom towers under "Plant and Machinery" for better tax benefits and increasing the depreciation rates for batteries at ... amendment to ...

One of the most pressing demands from the sector has been the reduction of GST ... tax benefits for equity mutual funds held beyond seven years. This could include reduced LTCG rates or higher ...

Convicted benefits cheats who fail to pay back the taxpayer could be stripped of their driving licences, under government plans to crack down on fraud. Those who repeatedly cheat the system and ...