What is a national consumption tax? Here's how it differs from income tax.
Consumption tax is a tax on goods or services – what you spend, rather than what you earn. In the U.S., consumption tax comes ...
Map Shows 9 States Where Income Tax Is Cut For 2025
The number of U.S. states which have introduced a flat individual income tax rate has grown significantly in recent years. In ...
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Why a Goods and Services Tax Hike Would Shake Up India's Apparel Sector
Temporarily mitigating what has been an unsettling time in the apparel industry in December, the issue of increasing the ...
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VAT, tax hikes: Short-sighted state policies to hurt people
The recent decisions of the interim government—tax hikes and the suspension of the TCB truck sale programme—clearly reflect ...
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Delhi Goods and Services Tax (Amendment) Act, 2024
Legislative Assembly of the National Capital Territory of Delhi and assented to by the Lt. Governor, introduces key changes ...
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Interim government imposes higher taxes, duties amid inflation on essential goods, services
Tax hikes on essential items such as medicines, LPG, and mobile phone SIM cards are implemented immediately after the ...
India collects $20.66 bln in goods and services tax in December
India collected 1.77 trillion rupees ($20.66 billion) in goods and services tax in December, 7.3% higher than the same period ...
A Louisiana House Bill will increase the state sales tax rate; What does this mean?
A special legislative session in Louisiana resulted in the passing of a bill that will raise Louisiana's state sales tax rate. Here's what that means.