Goods and Services Tax (GST) Council is in the final stages of reviewing GST structure and a reduction of the levy would happen soon, union finance minister Nirmala Sitharaman, who chairs the ...

The Federation of Hotel & Restaurant Associations of India (FHRAI) has called on the government to separate the Goods and Services Tax (GST) on Food & Beverage (F&B) services from hotel room tariffs.

Janet Berry-Johnson, CPA, is a freelance writer with a background in accounting and income tax planning and preparation for individuals and small businesses. Her work has appeared in Business ...

Janet Berry-Johnson, CPA, is a freelance writer with a background in accounting and income tax planning and preparation for individuals and small businesses. Her work has appeared in Business ...

The House passed a measure to keep the government funded, but the shutdown threat is still present as the bill moves to the Senate. Thomas is a native of upstate New York and a graduate of the ...

The House passed a measure to keep the government funded, but the shutdown threat is still present because the bill may lack votes in the Senate. Thomas is a native of upstate New York and a ...

With the 2025 Union Budget, new reforms have further reshaped the tax structure. This blog compares the two regimes in detail, highlighting their key features and helping taxpayers make an informed ...

The purpose of a gift in trust is to avoid gift / estate taxes, as there is a lifetime gift / estate tax exemption limit. (For 2025, that limit is $13.99 million.) There's also an annual gift ...

Let’s find out what drives the tax structure in India. India has a well developed and a continuously evolving tax structure drawn from the Constitution of India which allows the Central and the ...

Dr Cassiel Ato Forson, Finance Minister, says the government will undertake a comprehensive Value Added Tax (VAT) reforms ...