Government ❯Regulation

Tax Policy

Corporate Taxation Cigarette Taxes Hospitality Industry Luxury Goods Regulation

India Implements 1% Tax on Luxury Goods Above ₹10 Lakh

The new tax, effective April 22, 2025, aims to enhance financial transparency and widen the tax base by targeting high-value discretionary spending.

1.6 Billion Illegal Cigarettes Sold in Germany, Study Reveals

Lawmakers Demand End to 'Shrinkflation' by Major Food and Beverage Companies