Tax policy is at the heart of sustainable development. From funding essential public services to tackling inequality, a fair and effective tax system is fundamental to a just and resilient global ...

THE Bureau of Internal Revenue (BIR) issued Revenue Regulations (RR) 3-2025, prescribing policies and guidelines for the ...

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The Internal Revenue Commission (IRC) of Papua New Guinea has strongly opposed a recent proposal by the International Monetary Fund (IMF) to establish an "Oversight Board" that would supervise its tax ...

companies under various state tax laws that were in effect before the implementation of the Goods and Services Tax (GST). This scheme, titled the ‘Maharashtra Settlement of Arrears of Tax ...

And for some products, that will mean more supply on the domestic market. “U.S. buyers of these goods are going to face relatively cheaper goods. But the problem is that U.S. demand is nowhere ...

New Delhi: Union Finance Minister Nirmala Sitharaman has said that Goods and Services Tax (GST) rates will be reduced further as the process of rationalising tax slabs is nearing completion. FM ...

A defender for Haidana Lighting in the POMNA competition, Lani played in the shooting circle for PNG Fire Services in the Grand Final, giving them a crucial attacking edge. “It’s been a very ...

In other words, Good and Service Tax (GST) is levied on the supply of goods and services. “Great Step by Team India, Great Step towards Transformation, Great Steps towards Transparency, this is GST.” ...

KUALA LUMPUR: The implementation of the High Value Goods Tax (HVGT) is still on hold, the Dewan Rakyat was told. The Finance Ministry said this is due to the government prioritising other fiscal ...

If you’ve ever bought something online or sent money using PayPal, you’ve likely come across the Goods and Services payment option. But what does it actually mean? And is it the best choice ...

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 ...