Donald Trump’s latest tariff proposal could see UK exports hit with higher trade taxes, as VAT is included in tariff ...

ITAT Chennai held that when the cash is sourced out of recorded sales, the provisions of section 69A of the Income Tax Act could not be invoked since sales have already been offered to tax and taxing ...

Three weeks into office, President Trump advanced his 'America First' trade agenda by investigating reciprocal tariffs and ...

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

The government says it is banking on netting in more revenues in the 2025-2026 financial year after a cabinet meeting approved new tax policy reforms, in a bid to expand the country's tax base and ...

Money - At the end of 2024, the European Commission published the VAT Gap report for 2022. At the EU level, the collection ...

A new study led by University College London reveals how food VAT reforms could transform diets, reduce emissions and boost ...

The ongoing Maha Kumbh in Prayagraj is attracting several celebrities from India and world who are visiting to seek blessings ...

The Import One Stop Shop (IOSS) is a VAT collection system introduced by the EU in July 2021. It’s designed to simplify VAT ...

Both “pan” and “omni” mean “all,” and the distinction between omnisexuality and pansexuality is hazy. Some people use them interchangeably. Bisexuality, at its core, involves ...

I’m setting up a new firm. Will I be required to charge VAT on the provision of my services? Not necessarily. Value added tax (VAT) will be chargeable if: the firm is registered for VAT purposes, and ...