The Income Tax Appellate Tribunal (ITAT) has ruled that additions under Section 68 of the Income-tax Act cannot be sustained ...

This past Monday was the 250th anniversary of the publication of Adam Smith’s profoundly impactful book, An Inquiry into the Nature and Causes of the Wealth of Nations. It’s too bad its brilliant—and ...

The Senate Committee on Ways and Means on Wednesday approved “in principle” the proposals allowing President Ferdinand “Bongbong” Marcos Jr. to suspend or reduce excise tax on fuel amid escalating ...

As Florida's legislative session gets closer to a scheduled March 13 end date, Gov. Ron DeSantis better have his veto pen ...

The Finance Ordinance for FY 2025-26, in many cases, effectively raised the tax burden on regular taxpayers by 10–25 percent. Consequently, since July 2025, many employees have experienced lower ...

Explore Nigeria’s 2025 tax reforms, digital asset taxation, and NRS income-tracking powers under data protection laws, with ...

Neither the US nor the UK, where the tax systems are among the oldest in the world—are similar in some ways, but in others they differ significantly. The tax systems of the US and the UK have much in ...

California's proposed wealth tax has become one of the most closely watched fiscal policy experiments in American history.

Can GST authorities freeze directors’ personal assets for company dues? Legal analysis of Sections 79, 83 & 89 CGST Act with key court ...

Discover how a new Supreme Court case about Arizona’s DtC wine shipping laws could reshape Dormant Commerce Clause alcohol ...

A Frederick County business owner says he's moving about 80% of his company across the state line to Berkeley County, West Virginia, after a dispute with the county treasurer's office ...

A significant change proposed in the current Union Budget relates to the disallowance of deduction of interest expenditure ...