Upon hearing the case, ITAT Jaipur acknowledged that while the assessee’s books were not generally under dispute, the specific purchase from Pawan Enterprises remained questionable due to the supplier ...

When he unveiled his worldwide tariffs last week, President Trump blamed “exorbitant VAT taxes” among the factors for America’s yawning trade deficit. The president and his advisers claim ...

The second biggest party in the ruling coalition, the pro-business Democratic Alliance (DA), on Wednesday rejected a proposal in the budget to raise VAT by 1 percentage point spread over two ...

The draft bill, as published on 12 March, provides for the highly disputed value-added tax (Vat) increase, the expansion of the list of zero-rated items, increases in sin taxes, and adjustments to ...

The EFF voted against the adoption of the 2025 budget framework report in the National Assembly last week, which included the contentious 0.5% VAT increase. The report includes recommendations ...

Ending the VAT exemption for private schools, as Labour’s manifesto pledged, means services offered by private schools are now charged VAT at 20%. The pledge has been achieved. On 1 January 2025, the ...

If you’ve ever found yourself staring at a receipt, wondering how much of it went to tax, or trying to figure out how much VAT to charge on an invoice — you’re not alone. VAT (Value Added Tax) is one ...

For those on 'payment on account', this will be split into two payments due by 31 July and 31 January. Value Added Tax (VAT) is a tax charged on traders that they recover from their customers, and ...

Two Labour MPs who were denied entry to Israel have said they are “astounded” by the decision. Abtisam Mohamed and Yuan Yang have said it is “vital” that parliamentarians are able to “witness ...

This article is brought to you by our exclusive subscriber partnership with our sister title USA Today, and has been written by our American colleagues. It does not necessarily reflect the view of The ...

This article is brought to you by our exclusive subscriber partnership with our sister title USA Today, and has been written by our American colleagues. It does not necessarily reflect the view of The ...

Willie Mullins sent out an unprecedented one-two–three in the 177th Randox Grand National at Aintree yesterday but the Irish trainer was cheering on one horse from the last, the 33-1 winner Nick ...