The Goods and Service Tax Act was passed in the Parliament on 29th March 2017 and came into effect on 1st July 2017. In other ...

Living in one of the five states with no sales tax may seem appealing because you won’t have to pay tax when shopping for ...

Investopedia / Julie Bang A sales tax is a consumption tax imposed by the government on the sale of goods and services. A conventional sales tax is levied at the point of sale (POS), which is ...

The Madras High Court, in the case of M.Vimalraj Vs Union of India, addressed the critical issue of notice service in Goods and Services Tax (GST) assessment proceedings. The petitioner challenged an ...

whether they’re objects such as running shoes and headphones or services such as a luxury hotel stay, should be treated as ...

FM Sitharaman mentioned that the revenue neutral rate (RNR), which was 15.8 per cent when GST was introduced in July 2017, ...

Tax on goods and services will dominate the government’s revenue for 2025, and it will be more than 50 percent of the total tax revenue estimated, according to the budget presented in Parliament.

PETALING JAYA: Initially proposed in Budget 2023, the luxury goods tax has been re-tabled in Budget 2024 as high value goods tax (HVGT). Grant Thornton Malaysia national tax practice leader Datin ...