The government will slash the rate of value added tax (VAT) on food by 50 percent beginning April 1, Prime Minister Philip ...

The governor of Nasarawa State, Abdullahi Sule, has faulted the efforts to create a wedge between President Bola Tinubu and ...

For nearly a year, European art dealers and market watchers have been sounding the alarm over a new European Union rule, ...

LAWMAKERS are advocating a temporary suspension of annual tax hikes on cigarettes and other tobacco products, citing concerns over the rise of illicit trade and its economic impact. During its Tuesday ...

The National Board of Revenue (NBR) has exempted value-added tax on the fares of Dhaka metro rail, which has gained a lot of ...

A Bloomberg poll of economists estimated the country's GDP to rise 6.4% in the current fiscal. GDP growth for the previous ...

The Philippines has taken a step to boost tourism and enhance the shopping experience for international visitors through ...

South Africa has experienced a significant decline in government income from tax revenue with so many wealthy individuals ...

A Bahraini businessman has been sentenced to one year in prison and fined 35,000 Bahraini dinars, plus ordered to pay an ...

While the NBR believes that VAT hikes will help reduce the government's deficit financing needs, the immediate effect is likely to be higher costs for middle-class consumers ...

DHAKA, Jan 6, 2025 (BSS) - The government today exempted Value Added Tax (VAT) on metro rail services, according to an order ...