Canada's food inflation hit a historic low in December 2024, driven by the GST Holiday, but temporary relief highlights deeper market pricing complexities.

Three back-to-back GST Council meetings were held last year. These meetings saw major announcements, including changes in tax ...

Further, it was decided at the meet that concessional 5% GST rate shall be extended on food inputs of food ... The council has further decided to amend the definition of ‘pre-packaged and labelled’ to ...

This expectation is driven by the continued fall in inflation, anchored inflation expectations, and weaker economic indicators from November 2024. Additionally, potential tariffs proposed by President ...

The Bank of Canada will be poring over the latest inflation figures ahead of its first interest rate decision of the year, set for Jan. 29.

December inflation slows to 1.8% year-over-year, aided by a GST/HST break. Explore CPI trends, tariffs, and Bank of Canada ...

Presently, supply of restaurant service other than at specified premise shall be taxed at 5% and the supplier would not be ...

The purchase of immovable property is not just a strategic investment but also a transaction laden with tax implications under various provisions of the Income Tax Act, 1961. Beyond the cost of ...

Patients battling cancer and rare diseases are expected to take a sigh of relief as the Government of India has exempted gene ...

India's middle class has long been celebrated Some call it the backbone of the economy But that backbone seems to be under a ...

Arvind Panagariya, Chairman of the 16th Finance Commission, on further reforms in the economy, the Nehruvian era and its ...