Taxation is an essential element of a nation’s economic structure. Taxation is how the government acquires funds from individuals and corporations to finance public services and projects. Taxes typically negatively affect economic growth as they directly slow down growth. They function as an o...

The Budget 2024-25 introduces significant modifications to the Customs Act 1969. These changes encompass the exemption of certain commodities, the evaluation of the regulatory system, the assessment of the exemption system, and the imposition of extra customs duty on localized auto components. The l...