Value added tax (VAT) or goods and services tax (GST), also known as indirect taxes, are consumption taxes levied on any value that is added to a product. These are considered indirect taxes since the ...

A value-added tax (VAT) is a fee that is assessed against businesses by a government at various points in the production of goods or services—usually any time a product is resold or value is added to ...

The taxation of financial services is one of the most vexing aspects of a Value Added Tax (VAT). Conceptually, VAT should apply to any fee for service but where financial services are concerned there ...

Payment technology provider Stripe has debuted Stripe Tax to help businesses automatically calculate and collect sales tax, value added tax, and goods and services tax in more than 30 countries.

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Pexels The Goods and Services Tax (GST ...

Various central levies such as excise, value added tax and service tax are proposed to be subsumed in the goods and services tax, making it a lot easier for the business and industry. A discussion ...

(MENAFN- IANS) New Delhi, Sep 3 (IANS) In the pre-GST era (VAT), there were no uniform tax rates, and states imposed additional levies like entry tax, undermining harmonisation. There was no ...

Forbes contributors publish independent expert analyses and insights. I cover startup ecosystems and economic policy in South Asia. On 30 June 2017, during a special parliament assembly at night, ...