Nirmala Sitharaman presented the Union Budget 2026, detailing how the Ministry of Finance collects, manages and allocates funds via the RBI and the Consolidated Fund of India ...

Potter County will receive $412K less in tax revenue after an appraisal error overstated taxable property, forcing officials ...

Nigeria's government plans to deduct N3.6tn from the Federation Account to fund the electricity subsidy, sharing the ...

As Finance Minister Nirmala Sitharaman prepares to present her ninth straight Budget after calling on President Droupadi ...

Union Budget 2026 rupee breakup explained: find out where every rupee comes from, including taxes and borrowings, and how the ...

The dispute involved taxing unexplained increases in partners capital in the firms assessment. The Tribunal affirmed that such additions, if any, can only be examined in the hands of partners and not ...

In the simplest terms, the Budget is the financial blueprint outlining the Indian Government’s fiscal plans and priorities.

The Tribunal deleted a cash credit addition after finding that temporary family deposits were fully explained. The ruling confirms that genuine, short-term deposits cannot be taxed without contrary ...

The accounting cycle tracks a transaction until it’s added to your company’s financial statement. Follow this eight-step ...

Justice Munib Akhtar notes auditor general acts under 2001 ordinance, while tax authorities operate under fiscal statute; ...

Venezuela's acting president signs law ending state oil monopoly, reversing decades of socialist policy to allow private ...

Together, income tax, GST and corporate tax form the primary revenue pillars, contributing over 85% of total tax receipts.