The Government of Canada sets the federal income tax rates for individuals. Each province and territory determines their own income tax rates. Provincial or territorial income tax rates apply in ...

The government's proposal to amend the Finance Bill 2025 with respect to input tax credit (ITC) on construction expenses for leased properties is expected to impact real estate developers of ...

At the forefront of this legislative intent is the “tax-to-GDP” ratio, which has grown to an all-time high of 6.64 percent for FY 2023-24, a crucial measure of fiscal health, reflecting the ...

Officials of the Goods and Services Tax and Central Excise Commissionerate, Puducherry, have arrested a person after discovering that he had availed himself of fake input tax credit to the tune of ...

Kerala High Court granted bail to Nassar, accused of fraudulently availing Input Tax Credit (ITC) under the GST Act by using invoices from dummy registrants without actual receipt of goods. Arrested ...

In October, the Clearfield County Commissioners adopted an ordinance changing the county’s pre-determined tax ratio from 25 to 50 percent beginning this year. The ratio was changed to assist ...

With a shortage of tax professionals in the country compared to previous years, many small business owners may be looking for new ways to get their taxes filed with as little hassle as possible.

Learn how a Bajaj Finserv Business Loan can help manage your GST payments, boost working capital, and make your input tax credit calculation easier! As a business owner, filing your GST returns ...

The gems and jewellery sector has called on the government to reduce the goods and services tax to 1% based on the revenue equivalence ratio, aiming to ease the industry's cost burden in the upcoming ...

We list the best tax software, to make it simple and easy to manage your state and federal taxes, and file them accurately and on time. Picking the best tax software is a crucial part of keeping ...

Global X FinTech ETF has a high expense ratio of 0.68%, barely covered by its ... The Dodd-Frank Act, the Tax Cuts and Jobs Act, incentivized the private sector. The market reacted positively ...