Delhi's liquor excise revenue increased by 13% in the first three quarters of 2024-25 compared to the previous year, totaling Rs 6,061 crore. Despite this rise, New Year's Eve sales saw a dip due to ...

Jakarta: Indonesia began 2025 with an increase in the value added tax (VAT) on luxury goods and services in a bid to boost state revenues to support ...

Crypto asset industry players in Indonesia hope that they will not be subject to value added tax (VAT) in order to accelerate ...

The government's decision to impose a 12 percent value-added tax (VAT) only on luxury goods and services could help maintain ...

Indonesia began 2025 with an increase in the value-added tax (VAT) on luxury goods and services in a bid to boost state ...

The departure of wealthy individuals from South Africa has created a significant gap in government revenue for a country ...

By Galit Altstein / Bloomberg More taxes. Less disposable income. Higher food, water and electricity bills. As 2025 starts, Israelis face a 40-billion-shekel ($11-billion) war bill that will likely ...

In response to mounting opposition, President Bola Tinubu has started sending emissaries to the northern elite to clear the ...

The Northern Elders’ Forum (NEF) has accused President Bola Ahmed Tinubu’s administration of displaying a troubling disregard ...

The government has decided to increase VAT on 43 goods and services to 15%, along with raising taxes on items like airfares, cigarettes, medicine, detergents, and soaps – an unprecedented move in Bang ...

The Inland Revenue Department (IRD) has recorded its highest-ever tax revenue collection in 2024, amounting to Rs. 1,958,088 ...

Consumption tax is a tax on goods or services – what you spend, rather than what you earn. In the U.S., consumption tax comes in the form of retail sales tax and excise tax (tax imposed on certain ...