Direct taxes include income taxes, property taxes, and taxes on assets. There are also indirect taxes, such as sales taxes, where a tax is levied on the seller but paid by the buyer. Investopedia ...

Anish Sengupta's LinkedIn post comparing life in the USA, India, and Dubai for professionals has sparked a conversation. The ...

Are there tax benefits for tracking these costs ... This will help you understand where your money goes. The post Direct Costs vs Indirect Costs: Understanding the Difference appeared first ...

increasing the share of direct taxes in revenue and lowering the slab of indirect taxes in the forthcoming budget to achieve key economic targets set for the new year. To fill the gap between ...

Francesco Di Bari of Alma LED explains how an Italian Supreme Court ruling marks a pivotal shift in the tax treatment of ...

What’s the different between TurboTax and Direct File? Paying income taxes is a lot more complicated in the U.S. than it is ...

Consequently, the Allahabad High Court dismissed the writ petition filed by U.P. Projects Consultants Private Limited, determining that the ex-parte assessment order for the Financial Year 2017-18 was ...

In this article, the author has dealt with Convergence-Divergence? The Evolving Relationship Between Direct and Indirect Taxes in India” vis-à-vis Inventories. Financial statements are considered a ...

Under this provision, tax exemptions are granted to petroleum products sold to entities “which are by law exempt from direct and indirect taxes.” But the court disagreed with the BIR’s ...

India has a well-developed tax structure with clearly demarcated authority between Central and State Governments and local bodies. Central Government levies some direct and Indirect taxes on ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of ...

Independent contractors can lower their tax bill by writing off business costs like travel and insurance but should consult a ...