With peak personal income tax rates touching 42.7% for high earners, experts say India risks squeezing consumption, ...

At present, India’s income tax system is entirely based on individual taxation, wherein each taxpayer is entitled to a separate basic exemption limit and ...

Under the ICAI’s proposal, married couples choosing joint filing would be assessed on their combined income, with the basic ...

This Selected Issues Paper reviews Ethiopia’s tax system, highlighting its persistently low tax-to-GDP ratio despite sustained economic growth. It benchmarks Ethiopia’s revenue performance against ...

The trend toward flat personal income tax rates has accelerated over the past few years, with eight states switching to a flat tax since 2023 (including Kansas and Ohio, which will have flat rates ...

Prime Minister Narendra Mod i on Friday announced a major overhaul of the goods and services tax regime, hinting at lower rates on most items by Diwali, with people aware of the plans adding that most ...

There are signs, however, that the state’s chronic fiscal challenges are reemerging and likely to be exacerbated by federal policy changes enacted by the Trump Administration. Despite this, it appears ...