Direct taxes are imposed directly on individuals and entities according to their income or wealth whilst indirect tax is imposed on goods, services or transactions and eventually paid by consumers.

Taxation in India is the primary tool for the government to generate revenue, which is subsequently used for infrastructure development, social welfare, and national security. The system is a ...

India's tax structure is becoming more progressive, with direct taxes accounting for 58.5% of total collections in FY25.

Examines how populist giveaways are funded through taxes and borrowing, potentially raising fiscal deficits and shifting burdens to ...

Malaysia's planned carbon tax is moving from being just a plan to becoming an imminent reality for many industries.

The Finance Ministry has firmly denied that India follows a “multi-layered income-tax structure”, even as Parliament last week during the first leg of the Budget session witnessed detailed discussions ...

The discussion highlights that differential tax treatment must satisfy the reasonable classification test under Article 14 of the Constitution. Incentives lacking a rational connection to policy ...

The government recorded a budget surplus of D1.68 billion dalasis at the end of the 2025 fiscal year after revenue collection exceeded the annual target, according to a statement presented to members ...

For a country, which celebrates some sort of f Minor reforms include in filing returns and easing tax compliance on direct and indirect taxes, rejuvenating industrial clusters, ...

Bangladesh stands at a decisive crossroads. A newly elected government has taken office. Expectations are high. Markets are watching. Investors, both domestic and foreign, are recalibrating their ...

Fourth quarter results reflect meaningful progress in transformation journey Ian Bickley appointed Chairman and Chief ...