Although the proposal didn't advance, it sparked discussions about the potential for a national consumption tax. President-elect Donald Trump has also proposed broad import tariffs, which would ...

Democratic Party proposes new 1% national tax for local property grants in Korea Democratic Party outlines a strategy to ...

Finance Minister Nirmala Sitharaman unveils middle-class-friendly Budget with significant tax cuts and strategic reforms for ...

The Republican-controlled U.S. House of Representatives and Senate could spell disaster for the future of the IRS. A week before Inauguration Day, a dozen GOP lawmakers introduced the Fair Tax Act ...

Highlights: FM Nirmala Sitharaman's announcement on February 1 brings a gift for the Indian middle class with no tax payable ...

Act, 2013, otherwise known as the Omnibus Act of 2013 (the “Omnibus Act”), introduced a bevy of incentives for the benefit of ...

In a significant move to support businesses during challenging times, the Vietnamese government has extended and enhanced ...

India's Union Budget 2025-26 introduces several revisions to taxation policies, besides provisions for focus industries and ...

Some part could be used for consumption purposes, and the rest could be used to meet important financial goals.' 'The split ...

Sameer Gupta, National Tax Leader, EY India, commended the budget's focus on economic progress. "The enhanced tax rebates will ensure more disposable income, stimulating consumption and fueling ...