Minimum wage earners should be exempted from paying income tax – FG
The FG is proposing in the new Finance Act, an exemption of minimum wage earners from paying income tax.
Tag: Finance Act
Finance Act dwindling NIPOST revenue as Post Master General plead for review
According to the Post Master General of the Federation, the removal of stamp duty collection from the duties of NIPOST is ...
Buhari seeks amendment of new Finance Act
President Muhammadu Buhari has written to the House of Representatives to seek amendments to the Finance Act recently passed by ...
FIRS to brace up on tax compliance policies
In a bid to ensure total tax compliance in the country, the FIRS has disclosed plans to put new policies ...
Why rich Nigerians will pay more in new tax regime
The Federal Inland Revenue Service (FIRS) has said that the implementation of the Finance Act would lead to richer Nigerians ...
FG to facilitate tax incentives for SMEs
FG has disclosed its plans to prioritise MSMEs in various industries by providing tax incentives for them.
NSE’s Oscar Onyema urges market operators to explore opportunities in Finance Act
The CEO of the Nigerian Stock Exchange (NSE), Mr Oscar Onyema has emphasized the importance of the newly signed Finance ...
Finance Act: Take advantage of the many opportunities – CITN
Tax consultants have been encouraged to take advantage of the many opportunities that abound in the country’s new Finance Act.
FG exempts tuition fees, basic food items, others from 7.5% VAT
FG has exempted about 20 basic food items and some other transactions/items from the new 7.5% Value Added Tax (VAT) ...
Confusion: Presidency, Ministry not on same page over Finance Act’s take-off
The Presidency and the Ministry of Finance have sparked confusion about the implementation date of the newly signed Finance Bill.
