The FG is proposing in the new Finance Act, an exemption of minimum wage earners from paying income tax.
According to the Post Master General of the Federation, the removal of stamp duty collection from the duties of NIPOST is depleting their revenue.
President Muhammadu Buhari has written to the House of Representatives to seek amendments to the Finance Act recently passed by the National Assembly.
In a bid to ensure total tax compliance in the country, the FIRS has disclosed plans to put new policies in place.
The Federal Inland Revenue Service (FIRS) has said that the implementation of the Finance Act would lead to richer Nigerians paying more taxes in the country.
FG has disclosed its plans to prioritise MSMEs in various industries by providing tax incentives for them.
The CEO of the Nigerian Stock Exchange (NSE), Mr Oscar Onyema has emphasized the importance of the newly signed Finance Act Bill.
Tax consultants have been encouraged to take advantage of the many opportunities that abound in the country’s new Finance Act.
FG has exempted about 20 basic food items and some other transactions/items from the new 7.5% Value Added Tax (VAT) set to kick off on February...
The Presidency and the Ministry of Finance have sparked confusion about the implementation date of the newly signed Finance Bill.