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

A sin tax is an excise tax on specific goods and services due to their perceived ability to be harmful or costly to society. The tax comes at the time of purchase. Some items that often have a sin ...

Major US tariffs against Canada and Mexico went into effect at the start of March, but they have already been rolled back and ...