China has officially approved a new Value-Added Tax (VAT) law, set to take effect on January 1, 2026. The legislation passed during the National People’s Congress Standing Committee session that ...

CHINA approved a value-added tax (VAT) law on Wednesday (Dec 25) to take effect on Jan 1, 2026, the official Xinhua said, ...

In pursuance of clause (3) of article 348 of the Constitution of India, the following translation in English of the Maharashtra Value Added Tax (Amendment and Validation) Bill, 2024 (L. A. Bill No.

Income tax, however, remained stagnant. Data shows income tax-to-GDP ratio went up from 4.1 percent in 2021 to 5.1 percent in ...

Operators in the telecommunication sector are optimistic that the comprehensive tax reform package of President Bola Tinubu’s ...

Finance Minister Pichai Chunhavajira may be the first finance minister under an elected government with a civilian prime ...

The senate leader said those criticising the tax reforms were only spreading false narratives, not what is contained in its ...

The Marcos administration’s budget deficit ballooned in November due to the contraction in government revenues and a ...

Senator Juan Miguel F. Zubiri last year said that Japanese companies have threatened to leave the Philippines after encountering value-added tax refund issues after CREATE MORE’s precursor, the CREATE ...

IT felt like three years. This is how Finance Secretary Ralph G. Recto detailed his leadership of a department expected to raise P15.8 billion a day to keep the Philippines afloat amid headwinds. The ...

The 55th GST Council meeting made news for another reason; questions were being raised by many about the very functioning of ...