MOF Reg. 131/2024 generally regulates the application of the 12% VAT, while DGT Reg. 1/2025 regulates the transitional ...

Uduaghan, the senator representing Kogi Central, has said that Northern Nigeria’s apprehension over the Tax Reform ...

Nigerian governors have endorsed a revised VAT formula that allocates 50% equality, 30% derivation, and 20% population, ...

FARMERS have expressed dismay over the government’s refusal to scrap value-added tax (VAT) on solar installations, citing its ...

In recent years, demands by the IMF have chipped away at its coveted status—first through the loss of GST-exempt status, then ...

As we head into 2025, we are now in the last full calendar year before Making Tax Digital for income tax (MTD) becomes a ...

Healthcare seekers face higher prices for medicine due to the hike in value-added tax (VAT) on trades by pharmacies and drug stores. The tax administration on Thursday last week raised the ...

3. Widen the next of existing taxes Reeves may also be tempted to broaden the scope of existing levies like VAT. This is already a strategy she has turned to with the move to charge VAT on private ...

Bangladesh Jamaat-e-Islami today (12 January) demanded withdrawal of the increased value added taxes (VAT) and supplementary duties on about 100 products. In a statement, Jamaat Secretary General and ...

The first decision, which raised taxes on more than a hundred products, is highly concerning for the general public. The current high level of inflation has already placed significant financial ...

No value-added taxes (VAT) on fruit and vegetables, but increased VAT on meat and milk would have a positive effect on diet-related diseases, the environment, consumption and tax revenues ...

Working on strategy to push growth of exports in goods, services: Piyush Goyal PHDCCI seeks PLI scheme expansion; MSME support, tax reforms in Union Budget India Budget 2025: The upcoming budget is ...