ISLAMABAD: Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to issue a detailed income ...

Chevron (NYSE:CVX) filed tax returns worth $300M with the Venezuelan government last year, saying in March 2024 that its ...

Calculating your taxable income is a crucial part of the tax filing process-it gives you knowledge of the various exemptions ...

The signing of the Tax Amendment Act and the Tax Procedures Act by President William Ruto on December 11th last year has set ...

The recent decision of the interim government to expand the VAT net and hike VAT rates at the behest of the International ...

As is the case every year, the expectations from Budget 2025 are very high. Taxpayers are facing an inflation rate that is ...

During the fierce congressional debates that led to the passage of the 2017 Tax Cuts and Jobs Act, advocates and opponents of the proposal agreed on one thing: The once-in-a-generation bill, under the ...

The free zone regime provides companies with a 10-year holiday for corporate income tax, VAT, customs duties, excise taxes, levies, and fees on imports.

The potential impact of AI on business profitability and efficiency is an important part of our positive view for market ...

Visitors to most European countries already have to stump up extra for 'tourist taxes', but Brits will soon have to pay even ...

Jharkhand High Court, in the case of Ram Constructions Vs Union of India, addressed key issues under the GST regime regarding Input Tax Credit (ITC) for delayed returns for the financial year 2017-18.

Specifically, for AY 2017-18, the six-year limitation period ended on 31 March 2024, rendering the notice time-barred. Consequently, the court set aside the impugned order and notice, providing relief ...