The International Monetary Fund (IMF) issued new recommendations to Romania, among which is an increase in VAT, but also ...

Romania should increase excise duties and standard VAT rate, eliminate reduced VAT rates and adopt a system of progressive ...

ISLAMABAD: The Federal Board of Revenue (FBR) has almost finalized Finance Bill (2025-26) and expected to announce new ...

ADVOCATES flagged lawmakers who could allegedly insert a “killer amendment” that would lower tax rates on tobacco product using a Senate bill aimed at hiking excise taxes on heated tobacco and vape ...

On May 22, 2025, the House of Representatives passed H.R. 1, the budget reconciliation bill known as the One Big Beautiful Bill Act (the Tax ...

Motorists who drive “supersize” SUV cars should face higher vehicle taxes and be forced to pay more for residents’ parking ...

EDITORIAL: The finance minister, Mohammad Aurangzeb, is describing the upcoming budget as a ‘bold budget.’ However, the FBR ...

Petrol and Diesel Prices on June 6, 2025: Oil marketing companies (OMCs) revise petrol and diesel prices daily at 6 AM, ...

For our agriculture to develop, we need both defensive and offensive strategies. How? We must defend our produce ...

Kenya has some of the most elaborate betting taxes in Africa, with bettors having to pay taxes on both their stakes and, if they are lucky enough to win their bets, winnings.The excise tax on betting ...

Continued fiscal consolidation, supported by stronger domestic revenue mobilisation and spending efficiency, is essential to safeguard Rwanda's macroeconomic stability and debt sustainability, the ...

This is the highest amount of goods and services tax collected by the agency to date. Read more at straitstimes.com. Read ...