VAT is a consumption tax placed on a product whenever value is added at each stage of the supply chain, from production to ...

This Bill is a much-awaited comprehensive overhaul of a gargantuan piece of complex legislation which should be ...

"Without careful consideration of the impact of these changes, we risk long-term damage" to medical research, writes Dr. George Weiner.

Direct indexed tax loss harvesting is a strategic approach to managing your investments that can provide significant tax ...

The National Institutes of Health announced on Friday that it would be capping a type of funding for medical research at ...

Digital economy taxation is another major update — while the DTC lacked specific provisions, the new bill introduces taxation ...

She would be detailing the changes and reforms to indirect taxes and direct taxes later in her speech. Presenting her eighth budget on Saturday (February 1, 2025), the Finance Minister further ...

New Delhi: In a major move to ease the tax burden on middle-class taxpayers, Finance Minister Nirmala Sitharaman on Saturday announced fresh tax slabs under the New Tax regime in the Union Budget ...

Expenditures include 20 paise for interest payments, 22 paise for states' share of taxes, and 16 paise for central sector schemes. For every rupee in the government coffer, the biggest pie of 66 paise ...

For every rupee in the government coffer, the biggest pie of 66 paise will come from direct and indirect taxes, according to the Union Budget 2025-26 documents. Around 24 paise will come from ...

Union Budget 2025-26: Finance Minister Nirmala Sitharaman announced a range of taxation changes, including for both direct and indirect tax. As part of the indirect taxes, FM Sitharaman announced ...

Union Budget 2025: Finance Minister Nirmala Sitharaman proposed to increase the direct and indirect tax collection targets for fiscal year 2025, seeking to raise Rs 42.70 lakh crore. This move aims to ...