With consumption accounting for over 60 percent of India's GDP, boosting disposable income is critical to reviving demand ...

In past couple of years, there have been notable updates to India’s Goods and Services Tax (GST) and Tax Collection at Source (TCS) under Income Tax Act, 1961 regulations affecting travel agents and ...

December’s inflation results were heavily influenced by the GST tax break on some items that took effect halfway through the ...

Central Board of Indirect Taxes & Custom (CBIC) has notified 18 per cent GST on sale margin of old and used electric vehicles ...

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

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

Life insurance companies are petitioning to avoid the exemption of term insurance policies from the GST levy. They argue that ...

Expectations: The insurance industry is hopeful for significant reforms that will enhance financial inclusion, address ...

The rates in GST have been determined seeking to balance both equity and the need for raising revenue and after detailed ...

Currently, hybrid vehicles face a high tax rate of 28 per cent which is much higher as compared to EVs. It is expected that a ...

Canada's inflation rate fell to 1.8 per cent in December, with the federal government's GST holiday contributing to a price ...