Tag: Tax Reform
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GST Benefits to Citizens: Nirmala Sitharaman’s Commitment
Introduction The Goods and Services Tax (GST) has transformed the taxation system in India, aimed at simplifying the tax regime and benefiting citizens across various sectors. Recently, Finance Minister Nirmala Sitharaman announced her direct involvement in overseeing how GST benefits are passed on to the public. This initiative is seen as a positive step in…
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Reduction of Living Standards for Homes and Cars
Introduction In a recent announcement at the Thessaloniki International Fair, significant changes regarding living standards for homes and vehicles were unveiled, promising considerable benefits for approximately 500,000 taxpayers in Greece. This decision, effective from September 6, 2025, marks a pivotal shift in the country’s tax policy. What Are Living Standards? Living standards, or “tekmiria” in…