What is indirect tax and how does it work?
You don’t just pay tax on your earnings and wealth – you’ll also pay indirect tax as part of your everyday, regular spending ...
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Why a Goods and Services Tax Hike Would Shake Up India's Apparel Sector
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. Textile ...
Massive new Trump tariffs are looming. Here’s how these import ‘taxes’ work and who pays for them
New tariffs are likely coming in Trump’s second term. While companies owe these import taxes, consumers usually foot the bill ...
Deccan Herald8d
Union Budget 2025 | FAQs: What is indirect tax?
Indirect taxes are imposed on goods and services and paid by consumers indirectly at the time of buying goods and services.
Here’s what will get more expensive from 25% tariffs on Mexican and Canadian goods
President Donald Trump said Monday he still intends to move forward with an across-the-board tariff of 25% on Mexican and Canadian goods, though he said those levies would come on February 1 rather ...
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Interim government imposes higher taxes, duties amid inflation on essential goods, services
Tax hikes on essential items such as medicines, LPG, and mobile phone SIM cards are implemented immediately after the ...