Indirect Taxes: Budget 2025 boosts domestic manufacturing, eases tax burden
The government’s Viksit Bharat vision is reflected in the Union Budget with a persistent focus on ‘Make in India’, export ...
What Are Tariffs and Why Is Trump In Favor of Them?
Trump discussed the tariffs in a series of posts on his social media platform, Truth Social. One update announced the official orders of the tariffs, stating that the decision was made to “protect” ...
IRS Digital Income Tax Rule: How much can you earn without having to file?
The Internal Revenue Service (IRS) has introduced a significant change in tax reporting regulations for digital income, which ...
The big tax Americans don't pay — and what we give up in exchange
Americans pay less in taxes than citizens in many other developed countries. But there are tradeoffs for those savings.
Tax Guru1d
Union Budget: Analysis of changes in Goods & Service Tax
The Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman presented the Union Budget 2024-25 in Parliament, today i.e. February 02, 2025. Majorly the changes were earlier ...
Budget big picture: Context of historic tax cut, what impact it may have on the economy
The large cuts in income tax is an acceptance from the government that its corporate tax cut of 2019 has not worked. Had the ...
Track and Trace Mechanism to aid in curbing illicit trade: Tobacco industry
The introduction of a "track and trace mechanism" for certain goods announced in the Union Budget 2025-26 will assist in controlling the menace of illegal trade, especially in cigarettes, and help the ...
Your complete guide to tariffs: How much you’ll pay, and when
President Donald Trump says he will impose his tariffs over the weekend, gambling that taxing American companies for imported goods will ultimately punish the countries that make stuff Americans want ...