The UAE government has taken steps to move towards a fully digitized tax system by adopting E-Invoices. The E-invoicing ...

India may soon mandate the invoice management system for large transactions to curb tax evasion and enhance GST compliance.

The Central Board of Indirect Taxes and Customs (CBIC) has introduced key mechanisms to automate compliance under the GST ...

Proprietors must file Form 1040, which is the standard form for the income tax returns. 3. File Schedule C: Attach Schedule C (Form 1040), which reports business incomes and expenses. 4. File Schedule ...

Aditya Wicaksono and Yoan Putra Muda of GNV Consulting summarise a regulation aimed at smoothing the transition to the new ...

Between July 2017 and December 2024, 1,386 cases of GST evasion were recorded in Punjab, involving approximately ₹6,454 crore. Authorities arrested 72 individuals linked to thes ...

For a business owner getting paid on time is great, but sending invoice can be a painful task. You need to list the charges, ...

The Israel Tax Authority (ITA) recently published an addendum to the 1987 circular  with the goal of minimizing disputes with sellers of ...

Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...

The Assam government has introduced stringent documentation requirements for the transportation of Petroleum, Oil, and Lubricants (POL) within the state to curb illegal diesel transport and tax ...