The rapid growth of e-commerce and digital trade is reshaping global economies, particularly in developing nations, but ...

Nobody likes paying taxes. Every time a certain proportion of our income is deducted, there is a sense of loss. It is true that everyone pays indirect taxes, but it is chiefly the salaried class that ...

In a fair tax system, everyone pays their fair share, no one pays more than they can afford, and the government raises enough ...

Section 10 of the Income Tax Act, which previously outlined exemptions for various types of income, including agricultural ...

Union Finance Minister Nirmala Sitharaman introduced the Income Tax Bill, 2025, in the Lok Sabha, seeking a referral to a select committee. Despite opposition at the introduction stage, the Bill aims ...

On Wednesday, the Senate Taxation Committee held a hearing on Senate Bill 260.If passed, the proposed bill could resolve an ...

Finally, Income Tax Bill 2025 also states that losses from e-gaming cannot be set off against other income or carried forward ...

Bill, to avoid confusion, uses single terms – such as ‘registered non-profit organisation’ instead of multiple terms like trust / institution etc.

The Philippines has become the 13th of Cambodia’s trading partners to sign a “Double Taxation Agreement” (DTA). It is ...

THE PHILIPPINES and Cambodia have signed a double-taxation agreement (DTA), which the Department of Finance (DoF) expects to boost foreign investment and trade. Finance Secretary Ralph G. Recto said ...