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A service for finance industry professionals · Sunday, November 24, 2024 · 763,419,386 Articles · 3+ Million Readers
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Value Added Tax News Monitoring

  • Published on Nov 19, 2024

    VAT on edible oil slashed to 5% to stabilise prices

    The import-level value-added tax (VAT) on edible oil has been reduced from 10 percent to 5 percent to maintain a steady supply in the market. The National Board of Revenue (NBR) issued a notification in this regard on Tuesday. Earlier, the NBR had issued …

    Source: United News of Bangladesh - Label Pending
  • Published on Nov 23, 2024

    The key to unlocking India’s luxury market

    There is definitely opportunity and growth here. According to management consulting firm Bain & Co., India’s luxury market is set to expand 3.5 times, reaching $85-90 billion by 2030, bolstered by the country’s economic growth. The development comes at …

    Source: Mint - Neutral
  • Published on Nov 22, 2024

    Will EU finally rein in Chinese online retailer Temu?

    Confronting Temu with the EU's allegations is like doing business with the popular Chinese shopping app. You'll get the information you want in many bits and pieces, just as Temu customers get their goods in lots of small packages. It would take …

    Source: Deutsche Welle - Public Broadcaster
  • Published on Nov 23, 2024

    NEW TAX BILL: Governors, Lawmakers, Others Advocate For More Progressive Tax Regime

    …Insist Proposal May Turn Out To Be Heist Of The Century …Reform Will Eliminate Subnational Consumption Taxes Except For VAT – Oyedele …FG Defends Bill, Says Its Crucial For Improving Fiscal Federalism  Some Nigerian lawmakers and economic experts have …

    Source: Independent - Label Pending
  • Published on Nov 23, 2024

    JKUAT to refund insurer Sh296m paid as tax for the sale of building

      JKUAT towers that was formerly ICEA building in Nairobi. [File, Standard] A court has ordered Jomo Kenyatta University of Agriculture and Technology (JKUAT) to reimburse ICEA Lion Life Assurance Sh296 million paid as tax after the purchase of a building …

    Source: The Standard - Uncategorized
  • Published on Nov 22, 2024

    IMF PRAISES GOV’T.

    Posted on 22 November 2024. by Jones Bahamas By Gerrino J. Saunders Journal Staff Writer  While the International Monetary Fund (IMF) points out The Bahamas’ “remarkable recovery” in moving from crisis to growth following Hurricane Dorian and the Covid-19 …

    Source: The Bahamas Journal - Neutral
  • Published on Nov 22, 2024

    Incorporate A Company In Kosovo In 2025

    The Republic of Kosovo, located in the Balkan Peninsula of Southeastern Europe, is one of the youngest nations in the world, having declared independence from Serbia in 2008. Pristina, the capital city, serves as the political, economic, and cultural hub …

    Source: Inventiva - Neutral
  • Published on Nov 22, 2024

    Tax reform bills will sink more Nigerians into poverty - CHRICED

    The Resource Centre for Human Rights and Civic Education, CHRICED has kicked against the tax reform bills before the current National Assembly, saying it was designed to further impoverish Nigerians more. The organisation also commended the Supreme Court …

    Source: The Guardian (Nigeria) - Uncategorized
  • Published on Nov 22, 2024

    Election 2024: One life lost is a vote lost—NCCE

    By Eric Appiah Marfo Accra, Nov. 22 – Miss Pearl Addo, Deputy Director of the National Commission for Civic Education (NCCE), has urged Ghanaians to prioritise peace during the upcoming December elections, emphasising that “one life lost is a vote lost.” “ …

    Source: Ghana News Agency - Label Pending
  • Published on Nov 22, 2024

    OPINION | Could de Beers be the next Twitter?

    By Savious Kwinika  Johannesburg  – IN 2022, Elon Musk paid $44 billion for Twitter, and having acquired such a famous brand, changed its name to X. Why did he do it? Because he could. And when you have that kind of money floating about, it must be …

    Source: African Insider - Label Pending
  • Published on Nov 22, 2024

    Incorporate A Company In Bulgaria In 2025

    Bulgaria, located in Southeastern Europe, is a country steeped in history, culture, and natural beauty. Since joining the European Union in 2007, Bulgaria has experienced steady progress in its economic and social spheres. Despite its historical challenges …

    Source: Inventiva - Neutral
  • Published on Nov 22, 2024

    Incorporate A Company In Bosnia and Herzegovina In 2025

    Bosnia and Herzegovina (BiH), nestled in the heart of the Balkans, is a country known for its stunning landscapes, rich history, and diverse cultural heritage. With Sarajevo as its capital, BiH is bordered by Croatia, Serbia, and Montenegro and has a small …

    Source: Inventiva - Neutral
  • Published on Nov 22, 2024

    Incorporate A Company In Kyrgyzstan In 2025

    Nestled in Central Asia, Kyrgyzstan is a landlocked country known for its breathtaking landscapes, mountainous terrain, and rich cultural heritage. It shares borders with Kazakhstan, Uzbekistan, Tajikistan, and China, making it a crucial crossroad for …

    Source: Inventiva - Neutral
  • Published on Nov 22, 2024

    Incorporate A Company In Macedonia In 2025

    The Republic of Macedonia, officially known as North Macedonia, is a landlocked country in Southeastern Europe. It shares borders with Albania, Kosovo, Serbia, Bulgaria, and Greece, and its strategic location makes it a crossroads for cultural and economic …

    Source: Inventiva - Neutral
  • Published on Nov 22, 2024

    IMF believes funding Ukraine now is more cost-effective for partners than to risk its defeat

    Stock photo: Getty Images Ukraine has demonstrated that it is a reliable borrower with a sound debt repayment plan, making it more advantageous for its partners to provide funding now and prevent Ukraine's defeat in the war. Source: Priscilla Toffano, …

    Source: Ukrainska Pravda - Neutral
  • Published on Nov 22, 2024

    China's Guangzhou cuts taxes on larger home sales

    GUANGZHOU, Nov. 22 (Xinhua) -- The southern Chinese metropolis of Guangzhou, Guangdong Province, announced on Friday that it will reduce taxes on transactions involving larger housing units, aligning with similar measures adopted earlier by Beijing, …

    Source: Xinhua News Agency - Gov't Propaganda
  • Published on Nov 15, 2024

    IMCOM Europe rolling out full availability of VAT app across Germany

    WIESBADEN, Germany – Following the successful completion of a pilot program that began in March, U.S. Army Installation Management Command-Europe will transition to full implementation of the new micro-purchase Value-Added Tax (VAT) App program across …

    Source: US Army (official) - Gov't Institution
  • Published on Nov 21, 2024

    FG, States, LGAs Share N1.41trn FAAC Allocation For October 2024

    The Federation Account Allocation Committee (FAAC) has distributed a total of N1.41 trillion to the Federal, State, and Local Governments for October 2024, marking a N113 billion increase from the previous month’s allocation. According to the FAAC …

    Source: Information Nigeria - Neutral
  • Published on Nov 21, 2024

    Christmas, elections, and taxation in Ghana – What to look out for…

    By Christopher K. BEYEREH Christmas is a time of joy and giving, but in Ghana, December forth yearly also coincides with a critical period of elections and taxation. The country’s developmental trajectory is heavily influenced by these two factors, ( …

    Source: Business and Financial Times - Label Pending

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