News

The European Commission has proposed an EU climate target for 2040 that allows countries to count carbon credits bought from ...
As India marks eight years of GST, businesses urge reforms to boost working capital efficiency. A Deloitte survey reveals ...
Introduction “In the realm of Goods and Services Tax (GST), one of the most complex and often misunderstood areas is the Inverted Duty Structure. This ...
Understand the complexities of GST on IPOs and OFS in India, including debates over Input Tax Credit reversal, the ...
This year would be the last for a 30% tax credit for home solar panels and a $7,500 credit for electric vehicles under a budget proposal introduced this week in the US House of Representatives. It ...
Advocates for kids and low-income Ohioans are urging state lawmakers to consider reinstating something from Gov. Mike DeWine’s original budget – a $1,000 tax credit for kids under seven.
Six lawmakers on the conference committee are trying to work out the differences between the House and Senate versions of the budget, anticipating a vote next week. Advocates for kids and low-income ...
Groundwork Ohio is lobbying lawmakers to restore a total of $1.3 billion in cuts to programs and initiatives that affect young children and families. They include that child tax credit, expanded child ...
In the false input credit case, Patanjali Ayurved will have to cough up ₹273 crore by way of penalty. However, it looks like this is not the end of the matter as the company will most likely contest ...
The House of Representatives has passed the "One Big Beautiful Bill Act," which included a provision to eliminate the 45V tax credit for projects that begin construction after 2025. Section 45V of the ...
The Tax Cuts and Jobs Act, or TCJA, of 2017 temporarily boosted the maximum child tax credit from $1,000 to $2,000, which will expire after 2025 without action from Congress. If enacted, the ...