News

According to the GST Act, there is no provision for filing revised returns. Consequently, once GSTR-1 and GSTR-3B are filed, they cannot be revised. Any necessary corrections, additions, or reductions ...
The Federal Board of Revenue (FBR) has proposed a 10 percent sales tax on goods manufactured in the ex-tribal areas under revenue enhancement measures ...
Elon Musk had advocated ending the $7,500 tax credit for buyers of Tesla and other automakers’ EVs. But with the end of that credit included in the the “big, beautiful bill,” he and the now ...
The federal EV tax credit is, to put it lightly, in limbo given the current wording of the GOP's "big, beautiful bill." Though a lot of back-and-forth remains, with the Senate haggling with the House ...
ISLAMABAD: The Federal Tax Ombudsman Secretariat (FTO) on Wednesday conveyed to embassies and foreign missions ...
The European Union’s top trade negotiator, Maroš Šefčovič, met Wednesday with his American counterpart, U.S. Trade Representative Jamieson Greer, on the sidelines of a meeting of the Organization for ...
There are three separate bills that would make tips tax-free. Here's the differences between the no tax on tips bills and ...
President Donald Trump's "Big Beautiful Bill" could significantly affect Tesla's future profits while also benefiting xAI.
Ohio Governor Mike DeWine announced the 2025 sales tax holiday will start at midnight Friday, Aug. 1 and end at 11:59 p.m.
Florida historically holds a two-week sales tax holiday on hurricane supplies at the start of hurricane season. Here's why we haven't seen one yet.
Gov. Ron DeSantis is expressing frustration over lawmakers' failure to pass a budget before the start of hurricane season.