India's tax-to-GDP ratio stands at 19.6 percent, matching major global economies. This figure, combining central and state collections, exc...

Cement stocks surged following the GST Council's decision to reduce the tax on cement from 28% to 18%. This move is expected to boost infra...

Economists found a major error in the tariff formula used by the Trump administration. The formula overestimates the impact of tariffs by a...

Reciprocal tariffs aim to balance U.S. bilateral trade deficits by calculating the necessary tariff rates. These tariffs counteract economi...

Governments traditionally impose higher taxes, often known as 'sin' taxes, on products with adverse health effects, such as alcohol and tob...

This might make it imperative for the government to increase the tax burden on the corporates, look for other avenues like higher dividend ...

India's central government has collected the highest amount of taxes from tobacco and tobacco products from the populous states Uttar Prade...

Second, state governments have been lagging considerably on capex. Third, the revival in private capex remains elusive and given the risks ...

Noting that the health care burden due to tobacco consumption in India is around 1.04 per cent of GDP, pushing many into poverty, Arvind Mo...

Under the current proposals for the US border adjustment tax, exports will be exempted from the calculation of US corporate taxable incomes...

Jaitley said after the hacking attempts, all banks and the Reserve Bank of India have taken a number of security measures to check such des...

In economics, Laffer Curve is a graphic representation of the relationship between rates of taxation and the resulting levels of government...

Ajit Singh has urged Pranab Mukherjee to revert to the earlier rates which were capped at Rs 100 and Rs 500 per domestic and international ...

HSBC maintains `Sell’ rating on Bharti Airtel (Bharti).

The time has come to move further in the direction of a simple, neutral and efficient tax system that encourages capital formation.

Industry body FICCI, in its pre-budget suggestion on indirect taxes, has urged the government to withdraw Central Sales Tax (CST), in a pha...

Demanding simplification of tax structure, industry chamber FICCI on Wednesday asked for various sops including doubling of the Income Tax ...