Massive new Trump tariffs are looming. Here’s how these import ‘taxes’ work and who pays for them
New tariffs are likely coming in Trump’s second term. While companies owe these import taxes, consumers usually foot the bill ...
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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What are the types of sales tax, and how do you calculate it?
Act, 1956 came into force on January 5, 1957, while CST rate was 1% originally and was increased to 2% and then to 3% and 4% (with effect from July 1, 1975), according to the Department of Revenue.
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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 ...
Two thirds of retailers to raise prices after Budget tax hike
UK inflation fell to 2.5% in December, however two-thirds of retailers surveyed by British Retail Consortium are planning to ...
Kharge demands end to ‘tax terrorism’ in the Budget, calls GST ‘Give Sitharaman Tax’
Congress criticises GST as a tool for looting the public, demands end to "tax terrorism" in upcoming Union Budget.
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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 ...