Dr Cassiel Ato Forson, Finance Minister, says the government will undertake a comprehensive Value Added Tax (VAT) reforms this year to review distortions and cascading structure of the regime.“Mr ...

With all eyes on the GST rate rationalisation exercise, which aims to ease the tax burden on the common man, CNBC-TV18 has learnt from sources that the government is not in favour of introducing a new ...

But if you prefer a simpler tax structure without deductions, the new regime could work for you. Before filing your taxes, compare both regimes using a tax calculator and choose the one that helps you ...

State Rep. David Thomas, a Republican who represents parts of Trumbull County, introduced his fifth bill in the Ohio House to change the structure of the state’s property tax system. Thomas ...

Corporate income tax framework in the Philippines The corporate income tax structure in the Philippines varies depending on the type and residency status of a business. Foreign companies must ...

"This raises a huge question — Was this even fair? Should there be a separate tax structure for such unplanned high-income earners like this boatman? Or does the system work on a simple rule ...

David Thomas, a Republican who represents parts of Trumbull and Ashtabula counties, introduced his fifth bill in the Ohio House to change the structure of the state’s property tax system.

**Disclaimer: This tax calculator does not yet reflect the tax changes announced in the 2025 budget. It will be updated soon to incorporate the latest revisions.

Definition: Progressive tax is the taxing mechanism in which the taxing authority charges more taxes as the income of the taxpayer increases. A higher tax is collected from the taxpayers who earn more ...