The CAG State Finances 2023–24 report reveals that States’ Own Tax Revenue (SOTR) has reached nearly 50% of total receipts, ...

Madras High Court held that grant-in-aid/ subsidy received from the Government under a rehabilitation scheme is capital receipt and cannot be treated as revenue receipt. Accordingly, question of law ...

ITAT Mumbai held that alleged bogus purchases cannot be disallowed when the assessee provides invoices, receipts, bank proofs, and GST compliance. The ruling confirms that suppliers’ non-filing alone ...

While much of that planning will be around ways to maximise income for the coming year, it’s also important to ensure that ...

Budget is officially termed as 'Annual Financial Statement' in the Indian Constitution. As per Article 112 of Party 5 of the ...

Learn why Nigeria's 2026 tax reforms will use bank narrations to determine tax liability and how clear descriptions are now ...

Su, L.N. (2026) New Changes of Financial Risks in Colleges and Universities and Coping Strategies after the Implementation of the New Government Accounting System. Open Journal of Social Sciences, 14, ...

Data released by the Controller General of Accounts shows the fiscal deficit reached Rs 9.76 lakh crore against the full-year ...

Manhattan real estate prices look unsustainable. See more on rent vs buy math, present value analysis, and market risks ...

Taxpayers now face a critical decision between old and new tax regimes, impacting their tax liability significantly. This ...

Almost €33 billion in Corporation Tax was paid by companies last year, according to Exchequer Returns from the Department of ...

Board papers published ahead of Nottingham University Hospitals NHS Trust’s meeting on Thursday 8 January show the ...