Of these, 12,400 filed income tax returns, but 2,200 did not fulfill their tax obligations. A further 3,300 foreigners did not file value-added tax (VAT) returns, although they were obliged to do so.

Eleven priority bills of the Legislative-Executive Development Advisory Council were enacted last year, including measures ...

Daniel Bwala, the special adviser on policy communication to President Bola Tinubu, says the president is being “blackmailed” ...

The International Monetary Fund has put forward several policy proposals to allow the Barbados government more fiscal wiggle ...

Indonesian Finance Minister Sri Mulyani Indrawati has officially signed the Finance Minister's Regulation overseeing the VAT ...

Retail prices of petrol and diesel have gone up in Puducherry by Rs 2/litre from Wednesday after the territorial government hiked Value Added Tax rate. The government had revised the VAT on the fuel ...

The UK government introduces a 20% VAT on private school fees starting January 2025. This move aims to generat ...

Indonesia on Wednesday (Jan 1) started to impose a 12 per cent value-added tax (VAT) on luxury goods and services, a one per ...

Gateway Distriparks rose 2.59% to Rs 82.04 after receiving a tax refund of Rs 12.47 crore from the Income Tax Department, reversing an earlier demand of Rs 9.48 crore.

The economy grew at its slowest pace in four years at 4.6 percent in the second quarter of the year — compared to 5.6 per ...

William Ruto's administration introduced several new taxes, including the housing levy, as part of its fiscal strategy to ...

VAT is now being added to private school fees after new rules came into force on 1 January. The government plans to spend the ...