What is indirect tax and how does it work?
You don’t just pay tax on your earnings and wealth – you’ll also pay indirect tax as part of your everyday, regular spending ...
What is a national consumption tax? Here's how it differs from income tax.
Consumption tax is a tax on goods or services – what you spend, rather than what you earn. In the U.S., consumption tax comes in the form of retail sales tax and excise tax (tax imposed on certain ...
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Why a Goods and Services Tax Hike Would Shake Up India's Apparel Sector
Temporarily mitigating what has been an unsettling time in the apparel industry in December, the issue of increasing the goods and services tax in India has been rolled over into the new year. Textile ...
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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 ...
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Why a Goods and Services Tax Hike Would Shake Up India’s Apparel Sector
Temporarily mitigating what has been an unsettling time in the apparel industry in December, the issue of increasing the goods and services tax in India has been rolled over into the new year.