THE government’s increasing value-added tax and supplementary duty on 43 products and services such as clothes, restaurant bills, liquefied petroleum gas, air ticket, soap, detergent, tissue ...

Sri Lanka's Department of Inland Revenue has collected 1,958.08 billion rupees in 2024, up 25.1 percent from, a year ago, ...

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 ...

Indonesia has officially implemented a 12% value added tax (VAT) on luxury goods and services starting on Jan. 1, a 1 ...

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

The Vietnamese Government has recently issued a decree, deciding to extend a reduction in value-added tax (VAT) until the end of June 2025.

The Inland Revenue Department (IRD) yesterday announced that it has achieved the highest-ever tax revenue in 2024, collecting ...

Sri Lanka’s tax revenue reached an alltime high in 2024, with the Inland Revenue Department (IRD) collecting Rs.1,958 billion, a 25 percent jump from the previous year. However, despite the strong ...

Economic uncertainty marks the beginning of a new year that could prove challenging for personal finances, advisors warn, ...

More taxes. Less disposable income. Higher food, water and electricity bills. As 2025 starts, Israelis face a ...

The fees for some digital services, primarily premium subscriptions, have been subject to a 12% VAT since Wednesday, when the new rate went into effect.

Sri Lanka recorded its highest-ever tax revenue in history, collecting a total of Rs. 1.95 trillion in 2024, the Inland ...