The Budget 2026 countdown has begun, and as everyone is figuring out the key announcements expected from the Union Government ...

RIYADH — The Saudi Zakat, Tax and Customs Authority (ZATCA) will introduce a revised 4-tier methodology for calculating excise tax on sweetened beverages, effective from Thursday, Jan. 1. This system, ...

The Board of Directors of the Zakat, Tax and Customs Authority (ZATCA) approved amendments to certain provisions of the executive regulations of the Excise Tax Law, which will come into effect ...

Dubai: Saudi Arabia will introduce a new four-tier excise tax system on sweetened beverages from Jan. 1, replacing the current flat-rate levy with a model that links taxation directly to sugar content ...

The Treasury and the Internal Revenue Service say guidance is forthcoming on a new method for recovering federal excise tax paid on dyed fuel established under the One Big Beautiful Bill Act.

Trump's One Big Beautiful Bill Act imposes a 1% tax on money transferred from the US to foreign nations. (Bloomberg) Starting January 1, 2026, outward remittances made by immigrants living in the US ...

New Delhi: The central government has announced the imposition of excise duty on tobacco and tobacco products, which will come into effect from February 1, 2026. So, if you smoke cigarettes, you may ...

India’s air-conditioner market is entering a year of price resets and regulatory changes, as changing energy efficiency norms, tax rates, and weather patterns reshape demand ahead of the 2026 summer ...

India’s largest cigarette maker ITC Ltd. wiped out about $7 billion in market value after a government tax hike on tobacco products triggered a wave of brokerage downgrades. Shares of the firm fell as ...

The additional tax will be imposed on top of the existing 10% retail tax and 6% sales tax, bringing the total tax rate to 40%. The measure is expected to generate over $400 million per year to fund ...

A hike in excise duty on cigarettes from February 1 will ensure that such sin goods carry a tax burden proportionate to their severe public health impact, and also align with global best practices in ...

Did California lose Larry Page? The Google and Alphabet cofounder, who left day-to-day operations in 2019, has seen his net worth soar in the years since—from around $50 billion at the time of his ...