FM Sitharaman mentioned that the revenue neutral rate (RNR), which was 15.8 per cent when GST was introduced in July 2017, ...

The Goods and Service Tax Act was passed in the Parliament on 29th March 2017 and came into effect on 1st July 2017. In other ...

The Internal Revenue Service hasn’t issued comprehensive guidance on how the estimated 27 million Americans earning income as ...

In influencer marketing, this guideline allows influencers to exclude low-cost products or services from their income if their value is too small to track. Frequently receiving many low-value goods or ...

A Provisional GSTIN (Goods and Services Tax Identification Number) is a temporary identification number issued to taxpayers who are either migrating from the previous tax system (such as VAT, Service ...

Legislators are preparing for a new round of battles with businesses intent on again stopping a proposed sales tax on some ...

The proposal is the legislature’s opening revenue offer in budget negotiations with Democratic Gov. Wes Moore amid a ...

Two UMass professors help to provide some insight into the potential impacts of Trump’s tariffs and the motives behind them.

Nationwide offers cyber liability insurance for a wide variety of industries, with useful add-ons like legal consultations ...

Tax on goods and services will dominate the government’s revenue for 2025, and it will be more than 50 percent of the total tax revenue estimated, according to the budget presented in Parliament.

Investopedia / Julie Bang A sales tax is a consumption tax imposed by the government on the sale of goods and services. A conventional sales tax is levied at the point of sale (POS), which is ...