Lamborghini achieved a record 103 car sales in India, but the CEO believes there is untapped potential due to infrastructure issues and high taxation. Despite..

The government is likely to stick to the budgeted estimate of total tax collection target of Rs 33.61 lakh crore for current fiscal in the revised estimates...

Britain's Conservative government launched plans Wednesday to stimulate growth and woo voters for the next general election, delivering a massive tax-cut..

Finance Minister Nirmala Sitharaman has revealed that a tax-cut will come into effect on importing cars to the country.

Oil and gas stocks were up as much as 0.53% after the country, a major consumer and importer of oil, cut its windfall tax on crude oil and exports of aviation..

The records illustrate how Trump, as a business owner and a real estate developer, is eligible for a bevy of tax breaks that most taxpayers can’t claim. The..

President Biden earlier claimed that the US has cut the deficit by $1.4 trillion this year, and will be cutting $250 billion further over the next decade,..

UK PM Liz Truss resigned from the top post earlier this month after receiving major backlash against her U-turn on tax cut policy.

UK treasury chief Jeremy Hunt on Monday reversed most of an economic package announced by the government just weeks ago, including a planned cut to income tax...

British Prime Minister Liz Truss was forced to walk back plans to aggressively cut taxes.

On Monday, an embattled Kwarteng announced he would not go ahead with plans to abolish the 45p additional tax for those who earn above £150,000 (Rs 1.3 crore)..

Liz Truss took office less than a month ago, promising to radically reshape Britain's economy to end years of sluggish growth. But the government's September 23..

Treasury chief Kwasi Kwarteng said on Monday that he will not scrap the top 45 per cent rate of income tax paid on earnings above 150,000 pounds ($167,000) a..

At the third fortnightly review, the government has increased the windfall profit tax on the export of diesel to Rs 7 per litre from Rs 5 a litre and brought a..

Sensex rallied over 1 percent while Nifty closed above the 16,500 mark on Wednesday after sharp gains in IT, oil & gas, and metal shares amid positive global..

After the excise tax cut, the price of petrol in Kolkata has dropped to Rs 106.03 per litre, while the price of diesel has dropped to Rs 92.76 per litre. 

A day after announcing a hefty fuel tax cut, Union finance minister Nirmala Sitharaman on Sunday said the two rounds of duty reductions—the last one being in..

The Tamil Nadu government on Sunday described the Centre reducing taxes on petroleum products as 'partial' and said "it is neither fair nor reasonable to expect..

Meanwhile, the Trinamool Congress has criticised the move, claiming that the government has the ability to lower excise duties even further.

The Trinamool Congress has attacked the Centre over the move, saying it has the capacity to decrease the excise duty further.

Tesla would need to commit to sourcing at least $500 million of auto components from India for the electric carmaker’s request for an import tax cut on its..

Talks between India and Tesla over potential tax benefits are deadlocked as the government is not keen to give the company any breaks without a commitment to..

Reserve Bank of India (RBI) Governor Shaktikanta Das said that the recent cut in excise duty on diesel and petrol as well as better management of supply-side..

India said it has no plans to cut import duties on electric vehicles, weeks after Tesla Inc appealed to the government to slash taxes, and its billionaire chief..

Goods and Services Tax (GST) council on Saturday slashed tax on pulse oximeter, oxygen concentrator, and all other COVID-19 related medical devices. GST on these..

India is considering reducing import taxes on edible oils after cooking oil prices hit record highs last month, two government and two industry officials told..

The GST Council on Friday left taxes on Covid-19 vaccines and medical supplies unchanged after the BJP- and Opposition-ruled states sparred over whether the tax..

Economists at SBI in a report stated that petrol price can go down to ₹75 a litre across the country if it is brought under the ambit of GST.

‘State, Centre not taking steps on tax cut’