From dining out and travelling by air to purchasing sweets and clothing, the small comforts in life are going to turn ...

Following the IMF's recommendations, the National Board of Revenue (NBR) is planning to increase the value-added tax (VAT) on restaurants from 5% to 15%, while the rate on non-AC hotels could be ...

Eleven priority bills of the Legislative-Executive Development Advisory Council were enacted last year, including measures ...

The International Monetary Fund has put forward several policy proposals to allow the Barbados government more fiscal wiggle ...

Authorities have introduced new hotel accommodation tax and increased an airport security fee to help boost public funds.

Pondicherry: The retail prices of petrol and diesel have gone up in Puducherry by Rs 2/litre from Wednesday after the ...

The National Board of Revenue (NBR) is going to increase the value added tax (VAT) on 43 goods and services, mostly luxury ...

The UK government introduces a 20% VAT on private school fees starting January 2025. This move aims to generate funding for state school teacher recruitment while private schools may face higher fees ...

Indonesia on Wednesday (Jan 1) started to impose a 12 per cent value-added tax (VAT) on luxury goods and services, a one per ...

President Prabowo Subianto and Finance Minister Sri Mulyani Indrawati jointly announce that the VAT hike from 11 percent to ...

VAT is now being added to private school fees after new rules came into force on 1 January. The government plans to spend the ...

Indonesia scaled back its planned increase in the value-added tax rate just hours before it was set to take effect on January ...