The amendments clarify refund eligibility and appeal procedures under GST. Specifically, Rule 164 has been revised to specify ...

Investopedia / Julie Bang A sales tax is a consumption tax imposed by the government on the sale of goods and services. A conventional sales tax is levied at the point of sale (POS), which is ...

Living in one of the five states with no sales tax may seem appealing because you won’t have to pay tax when shopping for ...

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.

A tax credit directly reduces a person’s actual tax liability, or tax bill. Unlike deductions (which reduce income before ...