This explains when ITC becomes ineligible under Section 17(5)(h) due to expiry or destruction of goods. The key takeaway is that ITC reversal is mandatory and ...

According to the CBDT Instruction No. 1916, dated 11th May 1994, "In the case of a person not assessed to wealth tax, gold jewellery and ornaments to the extent of 500 gm per married lady, 250 gm per ...

[HONG KONG] China will extend a policy scrapping value-added tax (VAT) on certain home sales, in a move aimed at easing the country’s persistent property slump. The exemption – which applies to ...

Q4 sales drop expected despite launch of cheaper variants Visible Alpha poll shows 13% drop in Q4 deliveries FY deliveries down 7.8% year-over-year in VA poll Dec 30 (Reuters) - Tesla (TSLA.O), opens ...

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Asas Makeen Development and Investment Co. announced receiving three idle land tax invoices totaling SAR 1.65 million today, Jan. 1, pertaining to land plots located within the designated geographic ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Michael Boyle is an experienced financial professional with more than 10 years working with ...

The December jobs report shows a weak labor market, slow growth, wage gains above inflation, and a K-shaped expansion. Learn ...

Mark Cussen, CMFC, has 13+ years of experience as a writer and provides financial education to military service members and the public. Mark is an expert in investing, economics, and market news. Dr.

Dec 30 (Reuters) - Tesla deliveries were expected to fall in the fourth quarter, as the loss of U.S. tax credits and rising global competition sapped demand even as the company rolled out cheaper ...

Customs authorities have apprehended overseas direct purchase agency operators who evaded billions of won in taxes by falsely reporting import prices when bringing famous overseas brand clothing and ...