Delhi should lower VAT on aviation turbine fuel to stay competitive as neighboring UP offers much lower rates, benefiting airlines and the economy. The Delhi government would do well to respond ...

There is no general legislative right of recovery except where there is a change in the VAT rate, fraud, or misrepresentation by the recipient. The implementation of the 0.5% value-added tax (VAT ...

While not clear how the implementation of the increased rate will be formulated, one can safely assume that the increase in the VAT rate will take effect in respect of all supplies of goods or ...

The Dhaka Chamber of Commerce and Industry (DCCI) yesterday recommended setting a uniform single-digit value-added tax (VAT) rate and raising the tax-free income limit to Tk 5 lakh. The proposals ...

The looming VAT hike, designed to bolster government revenue, raises questions on how it might influence day-to-day consumer spending and, ultimately, inflation rates. This comes as the annual ...

The Union government urges Delhi to reduce jet fuel VAT from 25% to 4% to boost competitiveness against states like UP, which charge lower rates. The Union government has urged the Delhi ...

Cabinet met again on Monday to try to break the deadlock on upping the VAT rate to 17% – before the finance minister is due to present a revised budget to Parliament next week. ActionSA leader ...

THE SA Reserve Bank (Sarb) is anticipated to maintain its current interest rate at 7.5% per annum today, as it takes a measured approach to assess the potential ramifications of an impending VAT ...

WASHINGTON (AP) — The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates twice this year even as it sees inflation staying ...

LOS ANGELES (AP) — Sales of previously occupied U.S. homes rose in February as easing mortgage rates and more properties on the market encouraged home shoppers. Existing home sales rose 4.2% ...