Indirect taxes are charged on goods and services, not on income or profits. These taxes are collected by businesses, such as retailers or producers, who then pass the payments to the government.

The White House has been telling Americans that it’s taxing foreign exporters. However, tariffs hit the poor at home the ...

As an option, the government may consider a strategic reform of the current indirect tax landscape with a view to lead the country towards economic growth, and secure increased and more ...

Direct taxes will be prioritised in the next budget over indirect taxes to reduce economic inequality, he said ...

Colombo, Feb 25 (Daily Mirror) - Heavy reliance on indirect taxes is continuing to push up the cost of living, despite repeated efforts by successive governments to ease the financial strain by ...

NOBODY likes paying taxes. Every time a certain proportion of our income is deducted, there is a sense of loss. It ...