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Tax reform bills propose new sharing formula, cede 55% to state govt

  • by Sadiq Danladi
  • November 28, 2024

Aluta News News Investigators The Senate, on Thursday, resumed its debate on the Tax Reform Bills. The bills are a set of four legislative proposals to increase Value-Added Tax (VAT) distributable to the sub national… Tax reform bills propose new sharing formula, cede 55% to state govt

FCT’s 5% tax on private schools will kill business – School owners

  • by Sadiq Danladi
  • March 30, 2024

By Aluta News March 30, 2024 Imposition of 5 per cent annual tax on private schools in the Federal Capital Territory (FCT) would be injurious to business and drive the school owners out of business.… FCT’s 5% tax on private schools will kill business – School owners

Singapore govt. to refund 7.5m wrongly collected tax

  • by Sadiq Danladi
  • February 14, 2024

By Aluta News Feb. 14, 2024 Singapore authorities are  to refund wrongly collected goods and services tax (GST) worth 7.5 million Singapore dollars (5.5 million U.S. dollars) to taxpayers from March. The ministry of finance… Singapore govt. to refund 7.5m wrongly collected tax

We’ll ensure appropriate tax payment, use – Presidential Committee

  • by Sadiq Danladi
  • August 8, 2023

By Aluta News Aug 8, 2023 The Presidential Committee on Fiscal Policy and Tax Reform (PCFPTR) will ensure that tax payment and use are beneficial to Nigerians as well as make the right people pay… We’ll ensure appropriate tax payment, use – Presidential Committee

NEPZA, FIRS collaboration promoting smooth tax operations in free trade zones—Adesugba

  • by Sadiq Danladi
  • April 2, 2023

By Aluta News April 2, 2023 The Nigeria Export Processing Zones Authority (NEPZA), says the Authority’s collaboration with FIRS on tax administration is promoting smooth tax operations in free trade zones in the country. The… NEPZA, FIRS collaboration promoting smooth tax operations in free trade zones—Adesugba

FIRS generates N10.04 trillion in 2022 – Official

  • by Sadiq Danladi
  • April 1, 2023

By Aluta News April 1, 2023 The Tax Controller, Enugu Medium and Small Tax Office of the Federal Inland Revenue Services (FIRS), Mrs Stella Obiora, says the organisation generated N10.04 trillion in 2022. Obiora, represented… FIRS generates N10.04 trillion in 2022 – Official

Pakistani govt raises tax on imported luxury items

  • by Sadiq Danladi
  • March 9, 2023

By Aluta News March 9, 2023 Pakistani government has raised sales tax on some imported luxury items to 25 per cent. According to the country’s Federal Board of Revenue, the new tax comes into effect… Pakistani govt raises tax on imported luxury items

LIRS reaffirms Jan. 31 as deadline for tax returns

  • by Sadiq Danladi
  • January 22, 2023

By Aluta News Jan. 22, 2023 The Lagos State Internal Revenue Service (LIRS) says Jan. 31 remains the deadline for filing of annual tax returns by employers of labour. LIRS Chairman, Mr Ayodele Subair, made… LIRS reaffirms Jan. 31 as deadline for tax returns

Company tax for Q3 2022 stood at N810.19bn- NBS

  • by Sadiq Danladi
  • December 20, 2022

By Aluta News Dec. 20, 2022 The National Bureau of Statistics (NBS), says the aggregate Company Income Tax (CIT) was reported at N810.19 billion for Q3 2022. This is according to the NBS Company Income… Company tax for Q3 2022 stood at N810.19bn- NBS

Henceforth, no tax clearance, no car registration, building approval — FCT-IRS

  • by Sadiq Danladi
  • December 15, 2022

By Aluta News Dec. 15, 2022 The Acting Chairman, Federal Capital Territory Internal Revenue Service (FCT-IRS), Mr Haruna Abdullahi, says FCT residents will henceforth present Tax Clearance Certificate (TCC) to carry out certain transactions. Abdullahi… Henceforth, no tax clearance, no car registration, building approval — FCT-IRS

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