THE Bureau of Internal Revenue (BIR) recently issued Revenue Memorandum Circular (RMC) 81-2025 reiterating and providing ...

Bath-based Time Finance (TIME: 55.5p), a provider of invoice finance, asset finance and loan finance to more than 10,000 ...

Did you know accounting teams often face immense pressure of MTD compliance, rising client demands, and relentless tax ...

How to check the GST rates for various items using the revised GST table published by the Central Board of Indirect Taxes.

According to a recent advisory issued by the GSTN, the changes are aimed at reducing disputes, lowering the compliance burden ...

GSTN's new advisory introduces changes to the Invoice Management System, including an option to keep credit notes pending and a facility to declare ITC reversal ...

This article examines advanced and practical challenges with the GST Input Service Distributor (ISD) mechanism, covering issues from expense identification to ITC eligibility and procedural ...

The Ministry of Finance is finalising the revised Law on Tax Administration, aiming to simplify procedures and increase voluntary compliance.

Tax health is now a strategic priority for foreign firms in China, driven by fiscal pressure, digital enforcement, and ...

For multinational organisations, managing electronic invoicing (e-invoicing) and live-reporting compliance is increasingly ...

More than 563 million electronic invoices (e-invoices) have already been processed by the Inland Revenue Board (LHDN) as its ...

Kirana stores show hesitation in passing on GST 2.0 benefits to consumers as existing inventory carries old prices, while ...