Starting February 18, the value-added tax (VAT) exemption for imported goods valued under VND1 million (approximately US$40) sent via express delivery will officially be discontinued.

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 Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) says the economic reforms of President Bola Tinubu negatively affected businesses in 2024 but favoured the ...

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 ...

NBR Second Secretary (VAT Rules) Md Bodruzzaman Munshi told bdnews24.com, "We have given the facility going forward, but not ...

LEICESTER, United Kingdom – Members of many religious schools in England are complaining that New Year’s celebrations are ...

Egypt is expected to receive a new tranche worth $1.2 billion from the International Monetary Fund (IMF) in January, Asharq ...

Understand your crypto tax obligations in Ireland with our comprehensive guide. Learn how to stay ahead of the curve and ...