Get the latest news on President Donald Trump’s second term in the White House and the Republican-led Congress.

A more than 2 percent shortfall in all non-debt receipts taken together should be a big cause of worry, writes .

ITAT Mumbai held that the waiver of differed sales tax liability is a benefit accrued to the assessee arising out of its business hence the sum waived is taxable under section 28(iv) of the Income Tax ...

The 549-page text calls for making many provisions of the Tax Cuts and Jobs Act permanent. The committee says that the SALT ...

Earnings before tax (EBT) is a company’s pretax income and is mainly used to compare the profitability of similar companies in different tax jurisdictions.

President Tinubu’s new tax reform law requires remote workers, freelancers, and digital entrepreneurs to register with tax ...

Equinor faces challenges with high taxes, falling oil prices, and unsustainable shareholder returns. Read here to know why ...

Although the U.S. is a net oil exporter, higher oil prices could increase inflation and lower economic growth.

Seven million people have been dragged into paying higher rates of income tax as a result of a stealth raid on wages, figures ...

Tax rates on income will remain the same as in fiscal 2024-25. The tax-free income ceiling has not been raised, meaning every individual earning above Tk 350,000 must pay income tax.

Romania's budget deficit, meaning the gap between revenues and expenditures, reached 3.39% of GDP after the first five months of the year, while the new government grapples with balancing initiatives.

Republicans took a big step toward passing President Donald Trump's sweeping legislative agenda after a day of high drama in ...