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The Committee on Public Finance (CoPF) last week raised serious concerns over how used-vehicle imports are being valued, warning that the Government could be losing billions of rupees each year due to ...

The Reconciliation Bill being debated in the Senate contains many tax provisions beyond extending portions of the Tax Cuts ...

According to a senior Finance Ministry official, one of the Act’s primary goals is to slash the average time required to green-light investments — from a staggering 269 days to just 82. A significant ...

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

Delhi ITAT sets aside PCIT's revisionary order concerning depreciation on goodwill for AY 2016-17, citing incorrect application of IND AS 103 and reliance on a new ...

Maintenance costs: A company car isn’t a one-off expense—these vehicles must be maintained and serviced regularly. And if ...

Trump's 'Big, Beautiful Bill' may not pass by its July 4 target deadline. Here's what entrepreneurs should watch for in the ...

Hyundai cars are known for their smooth engines, but driving through waterlogged roads or flood-prone areas can cause engine ...

A detailed overview of Thailand’s tax system covering corporate income tax, BOI incentives, VAT rules, tax treaties, and ...

Even while most focus only on standard deductions, there are several hidden credits and deductions that can significantly ...