Following the state’s revision of the sales tax on Saturday, the cost of petrol and diesel has increased in Karnataka. The government changed the sales tax on petrol and diesel by 18.4… Read More

This blog provides a comprehensive overview of the Wholesale Price Index (WPI) – what it is, how it’s calculated, and the key changes that have been made to the WPI over time. It… Read More

Table of ContentsDemystifying Taxation: Why It’s a Crucial InvestmentIncome Tax Uncovereda. The Old Regime Explainedb. Simplifying with the New Regimec. Real-Life Examples to Guide You… Read More

National Budget FY2024-25… Read More

Is there VAT on postage? When it comes to posting mail or packages in the UK, understanding the ins and outs of Value-Added Tax (VAT) can be a daunting task. As a crucial part of the UK&rsqu… Read More

Context: Tobacco is the most widely recognised preventable cause of disease and death in the world. About tobacco:  It is the common name of several plants in the genus Nicoti… Read More

As an importer, shipping from China to Nigeria can be a complex process, but with the right knowledge, preparation and freight forwarder, it can be straightforward and efficient. This guide… Read More

Are you supposed to collect TCS? How do we implement it in Tally? Tally Solutions has just released its latest update that handles TCS very smoothly. Let’s look at how you can implemen… Read More

What is car tax or VED? Why must I pay for it? Vehicle Excise Duty (VED), known as car tax or road tax, this is a fee imposed for using a vehicle on common local public roads in the UK. It o… Read More

The Impact Of GST On Business Loans The Goods and Services Tax (GST) is a comprehensive indirect tax that replaced many indirect taxes in India. It is considered one of India’s biggest… Read More

Ensuring accurate and compliant freight invoice auditing is essential for companies engaged in international trade. But the growing complexity of regulations across different regions can pos… Read More

On Monday, May 6th, 2024, Union Finance Minister (FM) Nirmala Sitharaman administered the Oath of Office to Justice (Retd.) Sanjaya Kumar Mishra was the first president of the Goods and Serv… Read More

Government Abstract Policymakers ought to have two priorities within the upcoming financial coverage debates: a bigger financial system and financial duty. Principled, pro-growth taxA tax… Read More

If any company planning to import products into the United Arab Emirates will be required to pay VAT in addition to customs duties. To understand these considerations, there is a list of aud… Read More

Introduction GST: Its Impact on You as a Consumer In India, the Goods and Services Tax (GST) has transformed the indirect tax landscape. But what exactly is GST, and how does it affect yo… Read More

 In today's dynamic business landscape, navigating the intricacies of tax regulations is essential for the success and sustainability of any enterprise. One such critical aspect is Good… Read More

Goods and Services Tax (GST) is a comprehensive indirect tax levied on the supply of goods and services across India. Introduced in July 2017, GST has replaced various indirect taxes like se… Read More

What is Property Tax? Property tax in Pakistan is a significant aspect of the country’s fiscal system. It encompasses various taxes levied on property ownership and transactions… Read More

Promising tax and accounting firms play a crucial role in driving both the financial health of companies and a country’s economic well-being. On the one hand, these firms help com… Read More

Understanding Rhode Island’s Tax Structure If you’re diving into the financial nuances of Rhode Island, it’s essential to understand the tax structure of the Ocean State. R… Read More

Investors choose to build their businesses in Singapore for a variety of reasons. The simplicity of starting and operating enterprises is a significant driver. Another important driver is Si… Read More

(CTN News) – A snowballing economic burden caused by increased cigarettes consumption has prompted health experts to call for implementation of the World Bank’s recommendation fo… Read More

Reporting an Untaxed Vehicle in the UK: A Comprehensive Guide In the UK, maintaining the legality of vehicle use on public roads is not just a matter of driver responsibility but also a comm… Read More

Gst on Real estate is important to be understood by all real estate stakeholders, with change in tax structure brought by the new gst regime, it is crucial to understand how it affects real… Read More

The GST on transport was first introduced by the Indian government in 2017 under the regime of GST(Goods and Service Tax). The main motive was to follow the single… Read More

Table of Contents Introduction Overview of Tax System Central vs. State Taxes GST (Goods and Services Tax) Tax Amendments and Reforms Tax Collection and Distribution Understanding Tax Catego… Read More

Today the UK Government published their Tobacco & Vapes bill 2024 and it is not great news for vapers. However as it stands this still has to be passed through parliament and further co… Read More

WASHINGTON — Companies representing all segments of the trucking industry are warning of a staggering $1 trillion price tag that they claim sets up a roadblock to the Biden administra… Read More

The Energy and Petroleum Regulatory Authority (EPRA) has released the latest fuel price review, which will take effect for the next one month. In an effort to provide relief to consumers… Read More

Moneeza Siddiqui compares the tax implications of a personal and company car when used in an individual’s employment. Given the reliance on and impact of cars, special tax rules are in… Read More

Understanding the Requirements for a Caterer’s Endorsement Event Sponsorship and Alcohol Service Regulations Securing a catering endorsement from the Alcohol and Gaming Commission of… Read More

INTRODUCTION In December 2020, President Muhammadu Buhari approved the Finance Bill 2020, now known as the Finance Act 2020. This legislation brought about modifications to 14 tax and fis… Read More

Photo: Alex Monroe What is and where is Andorra country? The location of Andorra on a map: full information about Andorra The Principality of Andorra is a small country that could be attribu… Read More

On March 8, 2023, President Akufo-Addo presented the State of the Nation Address (SONA) as required by Article 67 of the 1992 Constitution. As the President prepares to present the 2024 SONA… Read More

Establishing a Foreign Business Presence in Canada: Branch Office Considerations Legal and Operational Characteristics of a Canadian Branch A Canadian branch office serves as an extension o… Read More

Bangladesh Bank (BB) has directed the managing directors (MDs) and Chief Executive Officers (CEOs) of scheduled banks to promote participation in the pension scheme among employees of privat… Read More

Is VAT chargeable on alcohol? Alcohol has been consumed for thousands of years, and it has been subject to various forms of taxation throughout history. In the UK, alcohol is subject to VAT… Read More

The Energy and Petroleum Regulatory Authority (EPRA) has reduced the pump prices of Super Petrol, Diesel and Kerosene by Ksh 1 for a period of one month. “In accordance with Section… Read More

Comparison of One Class of Shares vs. Multiple Classes for a Canadian Corporation Benefits of One Class of Shares Opting for a single class of shares simplifies the ownership structure of a… Read More

The B300 Cannabis Duty and Information Return is a crucial aspect of the cannabis industry in Canada. Understanding the regulations, compliance requirements, reporting processes, and taxatio… Read More

Introduction Navigating the intricate terrain of mergers and acquisitions (M&A) within Nigeria demands a keen comprehension of the associated tax implications. The success of these st… Read More

Saudi Arabia has emerged as an enticing destination for global investors and enterprises in recent years, thanks to its ambitious Vision 2030 initiative. Understanding the Kingdom’s… Read More

 When it comes to levies and regulations, the services assiduity is one of the most complicated sectors. This is primarily because services can not be tested at a fixed price point as g… Read More

Question 1 a) You are provided with the following information relating to V ltd Equity and liabilities 12% debentures (shs1000 at par) 16,000 10% preference shares 6,250 Ordinary shares (Sh… Read More

According to three people with knowledge of the situation, state-run oil companies may decide to lower the price of gasoline and diesel when they announce their third-quarter earnings next m… Read More

With effect from Tuesday, the government announced a reduction in the windfall tax on domestically produced crude oil, from Rs 2,300 per tonne to Rs 1,700 per tonne. Special Additional Excis… Read More

Team L&M The Restaurant Industry is a significant contributor to the national economy. Apart from contributing significantly to the direct and indirect tax revenues, it is also one of th… Read More