Tag: value-added tax

The Philippines introduces a 12% VAT on digital services from companies like Disney and Google to level competition with local firms. This move is expected to raise 105 billion pesos by 2029, funding creative industry initiatives.(Reuters)
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This country is levying 12% tax on digital services by Amazon, Netflix, Disney

 October 3, 2024  Leave a Comment on This country is levying 12% tax on digital services by Amazon, Netflix, Disney

Oct 03, 2024 08:36 AM IST The Philippines will implement a 12% VAT on digital services from firms like Amazon and Netflix, promoting fair competition…

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Punjab VAT hike: The Punjab Cabinet hiked VAT on petrol and diesel by 61 paise a litre and 92 paise per litre, respectively.(Reuters)
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Petrol, diesel become costlier in Punjab as VAT hikes: Check latest rates

 September 5, 2024  Leave a Comment on Petrol, diesel become costlier in Punjab as VAT hikes: Check latest rates

Sep 05, 2024 04:44 PM IST Punjab Cabinet approves a VAT hike on petrol by 61 paise and diesel by 92 paise per litre, aiming…

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