MORE medicines for cancer, diabetes, high cholesterol, hypertension, tuberculosis and mental diseases have been exempted from 12-percent value-added tax (VAT) by the Bureau of Internal Revenue (BIR).

As part of the reforms, the construction sector will now be subject to the standard VAT rate instead of the previously ...

President Bola Ahmed Tinubu signed a set of tax reform bills into law that will change how taxes are collected and paid in ...

RMRDC has received approval to implement guidelines for tax incentives targeted at fostering the utilisation of local raw ...

Executive Chairman of Edo Internal Revenue Board (EIRS), Otunba Oladele Bankole-Balogun, said the board has adopted measures ...

July 2025 marks eight years of GST - India’s biggest tax reform - streamlining compliance, improving transparency, and ...

The executive chairman of Edo Internal Revenue Board (EIRS), Oladele Bankole-Balogun, said the board has adopted measures to ...

Retail fuel prices have been lowered starting Tuesday as a National Assembly resolution on value-added tax reduction took effect. The maximum retail price of biofuel E5 RON92 was set at VND20,530 ...

President Bola Tinubu on Thursday signed four new tax laws aimed at modernising and streamlining the country’s tax system. In ...

Any time there’s any reduction or tightening of benefits, especially SNAP benefits, we typically see an uptick in families ...