Value Added Tax News Monitoring

VAT hike won’t fuel inflation

The hike in value-added tax on 43 goods and services would not fuel inflation further, said Finance Adviser Salehuddin Ahmed. The items are an insignificant part of the basket for consumer price index, he told journalists yesterday following a meeting of …

How Britons really feel about VAT on private school fees

Watch more of our videos on ShotsTV.com  and on Freeview 262 or Freely 565 Visit Shots! now Over half of the survey respondents felt the same way about the tax on fees 💰 Under a new government policy, private schools are now being charged VAT on fees Many …

Vietnam set to extend VAT cut for six months

Vietnam set to extend VAT cut for six months This measure is expected to accelerate the recovery of production and business activities, which will ultimately benefit the state budget and the economy as a whole. Some goods and services will continue to …

From Spotify to Google Play: Gov’t to Return Money from Miscalculated VAT

Jakarta. The government has promised to return the money that they had already collected from popular digital services that were not supposed to be subject to the latest value-added tax (VAT) increase. Just hours before the year changed to 2025, President …

VAT hike won't impact on prices of essentials: Salehuddin

VAT hike won't impact on prices of essentials: Salehuddin File Photo   DHAKA, Jan 2, 2025 (BSS) - Finance Adviser Dr Salehuddin Ahmed today said increase of value-added tax (VAT) on 43 goods and services will not significantly impact overall inflation …

Private schools fees may rise 'thousands' for parents, as VAT kicks in

Watch more of our videos on ShotsTV.com  and on Freeview 262 or Freely 565 Visit Shots! now Parents in some regions will be hit harder than others 💸 Under a new government policy, private schools are being charged VAT on fees from this month Many schools …

Value Added Tax (VAT) Reduction Guidlines for the First Half of 2025

GBK Management Implements 12 Percent VAT for All Venues, Including Sports Facilities

TEMPO.CO, Jakarta - The Gelora Bung Karno Complex Management Center (PPK-GBK) has temporarily implemented a value-added tax (VAT) rate increase to 12 percent for all facilities they rent. All facilities in the GBK Complex are subject to the new VAT rate …

Indonesia Scales Back Planned VAT Hike, Will Apply Only to Luxury Goods

Indonesia has diluted a planned hike in the country’s value added tax (VAT) due to growing public discontent, just hours before the increase came into effect. Under tax legislation passed in 2021, the country’s VAT rate was scheduled to increase by one …

China approves first unified VAT law, effective January 2026

The standing committee of the National People’s Congress has approved China’s first unified Value Added Tax (VAT) Law, which has been released for public consultation and is scheduled to take effect on January 1, 2026.China's VAT revenue totalled 6.12 …

Facts Behind Rieke Diah Pitaloka's Summoning by the Ethics Committee for Rejecting 12 Percent VAT

TEMPO.CO, Jakarta - The House of Representatives Ethics Committee (MKD) will summon a member of the House of Representatives, Rieke Diah Pitaloka, for alleged ethical violations. Rieke was reported by a person named Alfadjri Aditia Prayoga, who felt that …

Tax Revolution: Lessons from International Monetary Fund (Part 1)

HAPPY New Year 2025! As we step into this promising year, it’s the perfect time to reflect on Tanzania’s progress. On December 18, 2024, the International Monetary Fund (IMF) released a comprehensive report detailing the country’s achievements under the …

Bauchi chamber of commerce, student group oppose tax reforms

The Bauchi State Chamber of Commerce, Industry, Mines and Agriculture, has said it rejected the Tax Reform Bill before the national assembly. This was contained in a press release issued to journalists on Thursday by the President of the Chamber, Aminu …

Tinubu, politics of Tax reform

From Ismail Omipidan, Abuja “Never give in, never give in, never, never, never, never—in nothing, great or small, large or petty—never give in except to convictions of honour and good sense.” The above quote, by Winston Churchill, the late UK Prime …

Zera cuts LPG price by 13pc

Sikhulekelani Moyo, [email protected] THE Zimbabwe Energy Regulatory Authority (Zera) has announced a reduction in liquefied petroleum gas (LPG) prices following the exemption of Value Added Tax (VAT) on the product, a measure introduced in the 2025 …

Bauchi Chamber of Commerce rejects FG’s tax reform bills

The Bauchi State Chamber of Commerce, Industry, Mines and Agriculture has voiced its opposition to President Bola Tinubu’s proposed Tax Reform Bill currently before the National Assembly. In a press release issued on Thursday, the President of BACCIMA, …

12kg LPG price static at Tk 1,455

The Bangladesh Energy Regulatory Commission (BERC) has kept unchanged the price of a 12kg liquefied petroleum gas (LPG) cylinder at Tk 1,455 for January too. The new price came into effect on Thursday evening, according to a BERC statement. The price of …

Indonesia’s December inflation rate eases to 1.57% yoy, just below forecast

[JAKARTA] Indonesia’s annual inflation rate eased to 1.57 per cent in December last year. Data from Statistics Indonesia on Thursday (Jan 2) also indicated that month on month, inflation edged up slightly from November. The figure marks a historic low for …

Imbert extends tax, NI amnesty

Min­is­ter of Fi­nance Colm Im­bert said yes­ter­day that the tax amnesty and na­tion­al in­sur­ance amnesty in­tro­duced by the Fi­nance Act 2024, which ex­pired on De­cem­ber 31, 2024, will be ex­tend­ed to Jan­u­ary 31, 2025. In a news re­lease …

World Peace Development Unveils the Peace Project: A Global Platform to Support Humanity’s Most Essential Needs

BANGKOK, THAILAND, January 3, 2025 /⁨EINPresswire.com⁩/ -- Bangkok-based World Peace Development Holdings Limited proudly announces the launch of the Peaceism Ecosystem, an innovative global initiative focused on addressing humanity’s most basic …

XAgent Advances Intelligent Bidding with AI, Vertical LLMs, and Big Data Solutions for Global Procurement Markets

XAgent's solution materializes as an automated and sagacious bidding platform, firmly grounded in cutting-edge AI Agent, LLM, and big data technologies. SAN JOSE, CA, UNITED STATES, January 3, 2025 /⁨EINPresswire.com⁩/ -- XAgent AI Inc., a …

Analyzing 2024 USA Industry Cyberattack Trends: SecureClaw's Blueprint for Cybersecurity in the New Year

In 2024, the USA's industry cybersecurity posture improved with proactive strategies, but threats remain complex and evolving, requiring continuous vigilance. LOS ANGELES, CA, UNITED STATES, January 3, 2025 /⁨EINPresswire.com⁩/ -- SecureClaw’s …

Village (in the loop) Preschool supports Early Readers

Village (In the Loop) Preschool fosters strong readers with a playful, literacy-rich environment and evidence-based practices to combat declining literacy rates HOUSTON, TX, UNITED STATES, January 3, 2025 /⁨EINPresswire.com⁩/ -- As national …

2ONE Labs Corrected Text of 12/23/2024 Release

2ONE Labs [Corrected Text of Globe Newswire Release of 12/23/2024 Titled] Preliminary Injunction Issued in favor of 2ONE® Nicotine Pouches Against Zone Pouches LAKE TAHOE, NV, UNITED STATES, January 2, 2025 /⁨EINPresswire.com⁩/ -- [ …

Indian Industry Cybersecurity Report 2024: Trends, Insights, and 2025 Recommendations by SecureClaw

In 2024, India made huge progress in cybersecurity through enhanced frameworks, AI-ML, and international cooperation, yet there are sophisticated cyber threats. MUMBAI, MAHARASHTRA, INDIA, January 3, 2025 /⁨EINPresswire.com⁩/ -- SecureClaw’s Cyber …

Partner Real Estate Welcomes Gregg Millett: A Passionate Advocate for Collaboration, Trust, and Empowerment

CA, UNITED STATES, January 2, 2025 /⁨EINPresswire.com⁩/ -- Partner Real Estate proudly announces Gregg Millett as one of its newest agents. Gregg’s unique background in broadcasting and his lifelong passion for homes make him a perfect fit for the …

PointFire Announces Search Summaries for SharePoint: A Revolutionary Enhancement to SharePoint Search Results

PointFire announces the release of query-based Search Summaries for SharePoint search, optimizing research times and efficiency. OTTAWA, CANADA, January 2, 2025 /⁨EINPresswire.com⁩/ -- PointFire, a leader in SharePoint solutions, announced the …

Don DePaulis, President & CEO of Relax in Comfort, Awarded PhD in Business Management from Charter University

ORLANDO, FL, UNITED STATES, January 2, 2025 /⁨EINPresswire.com⁩/ -- Relax in Comfort is thrilled to announce that Don DePaulis, President and CEO of the company, has been awarded a PhD in Business Management from Charter University. This …

Partner Real Estate Rallies Behind Relief Efforts for Mt. Kanlaon Eruption Victims

CA, UNITED STATES, January 2, 2025 /⁨EINPresswire.com⁩/ -- In the wake of the devastating eruption of Mt. Kanlaon on December 9, 2024, the Partner Real Estate team has stepped forward to support families impacted by the disaster. The eruption, …

[Corrected Release] 2ONE® Secures Preliminary Injunction Bond in Trademark Dispute Against Imperial's Zone Products

[Corrected Release] 2ONE Labs and Performance Plus Marketing post $US1 m Bond securing Preliminary Injunction in 2ONE® vs Zone nicotine pouch Trademark Dispute LAKE TAHOE, NV, UNITED STATES, January 2, 2025 /⁨EINPresswire.com⁩/ -- [Corrected Press …

AM Specialty Maintains A- (Excellent) Rating from AM Best

AM Best reaffirms AM Specialty's A- (Excellent) rating, citing strong capitalization, strategic growth, and underwriting excellence. DALLAS, TX, UNITED STATES, January 2, 2025 /⁨EINPresswire.com⁩/ -- AM Specialty Insurance Company (ASIC) …

Coody & Co. Financing Wins Silver in 14th Annual Best in Biz Awards

Recognized as a leader in innovation within the home financing industry. AUSTIN, TX, UNITED STATES, January 2, 2025 /⁨EINPresswire.com⁩/ -- Coody & Co. Financing has been named a silver medal winner in the category “Most Innovative Company of …

Partner Real Estate Welcomes Leticia Almaro Nicolini as a Distinguished Northern California Broker Associate

CA, UNITED STATES, January 2, 2025 /⁨EINPresswire.com⁩/ -- Partner Real Estate proudly welcomed Leticia Almaro Nicolini at the Partner Real Estate Brand Launch held on December 12, 2024, at The Turnip Rose Promenade in Costa Mesa, Orange County. …

Sarcomatrix Therapeutics Strengthens Leadership Team with Appointment of Al Swarts as Chief of Technical Operations

RENO, NV, UNITED STATES, January 2, 2025 /⁨EINPresswire.com⁩/ -- Sarcomatrix Therapeutics Strengthens Leadership Team with Appointment of Al Swarts as Chief of Technical Operations Sarcomatrix Therapeutics, a biotechnology company focused on …

Balfour Capital Group Appoints Hon. Ing. Dany Rosalie Edmond Rottiers as Key Executive

YVERDON-LES-BAINS, SWITZERLAND, January 2, 2025 /⁨EINPresswire.com⁩/ -- Balfour Capital Group is pleased to announce the hiring of Hon. Ing. Dany Rosalie Edmond Rottiers as a strategic addition to the team. Dany’s wealth of experience, deep market …

Partner Real Estate Welcomes Michael W. Smith to Celebrate Brand Launch

OAKLAND, CA, UNITED STATES, January 2, 2025 /⁨EINPresswire.com⁩/ -- Partner Real Estate proudly announced its brand launch, highlighting the addition of Michael W. Smith, a seasoned real estate professional with over 21 years of experience, to its …

Alta Towers Advisors Announces Merger with Riverturn Capital, Expands National Presence

GEORGETOWN, TX, UNITED STATES, January 2, 2025 /⁨EINPresswire.com⁩/ -- Alta Towers Advisors (ATA), a leading M&A advisory firm dedicated to fostering successful partnerships among buyers, sellers, and investors, is pleased to announce its …

Roadzen Inc. Announces Pricing of Offering

NEW YORK, Jan. 03, 2025 (GLOBE NEWSWIRE) -- Roadzen Inc. (Nasdaq: RDZN), (“Roadzen” or the “Company”), a global leader in AI at the convergence of insurance and mobility, today announced the pricing of a best-efforts offering of 2,222,300 ordinary shares …

ING determines cash payment per share as part of current distribution

ING determines cash payment per share as part of current distribution ING announced today that it will pay €0.161 per share on 16 January 2025, as part of the up to €2.5 billion distribution to shareholders as announced on 31 October 2024. The amount per …