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

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

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

African disputes lawyers predict a 2025 surge in litigation driven by energy and tax sector reforms, environmental claims, ...

The coalition parties have yet to reach a unified stance on how to improve people's living standards. The Social Democrats ...

Currently, these industries pay a 10% tax on their income and a 2% advance income tax (AIT) on the import of machinery, parts, and equipment, which was supposed to remain in effect until 2032 ...

Sri Lanka’s Free Trade Zone Manufacturers’ Association (FTZMA) held discussions with the government just before the new year, to share concerns and areas that need urgent attention. ..

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

Effective January 1, 2025, locally produced flours made from corn, yam, cassava, and plantain are now exempt from Value Added ...

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

In a move aimed at making the metro rail more accessible and cost-effective for commuters, the National Board of Revenue (NBR) has announced an exemption from the value-added tax (VAT) on metro rail ...

Under the new policy, established under a regulation passed by former President Joko Widodo and enacted by current President ...