Gujarat High Court held that in the absence of new material facts brought on record by the Revenue reopening of assessment beyond the period of 4 years is found to be not sustainable in the eye of law ...

South Africa's latest budget speech reveals bold steps to address fiscal challenges, including VAT reforms and structural ...

Despite heated debates over a proposed 2 percentage point VAT hike, the Minister has taken a more measured approach, settling ...

Budget 2025 was postponed to 12 March due to objections from the other parties in the government of national unity to increasing VAT by 2%.

Finance Minister Enoch Godongwana announces a VAT increase amidst declining revenues, sparking political reactions from the ...

SOME 54 orang asli veterans from the General Operations Force’s VAT 69 commando unit were honoured in a ceremony at the General Operations Force camp in Ulu Kinta recently. The event also ...

At what point does your small business have to start paying VAT? Should you voluntarily pay VAT? And what are legitimate ways to stay under the VAT threshold? The VAT threshold is the volume of annual ...

The party remains opposed to a two percentage-point VAT increase and rejects it must be an austerity Budget without the increase. President Cyril Ramaphosa remains confident further discussions will ...

He added that the report also suggests improving VAT collection efficiency ... The ACF report also recommends amending Section 69 of the proposed Nigeria Tax Bill to retain TETFUND and NITD.

Kaduna – The Arewa Consultative Forum (ACF) has formally submitted a comprehensive report to the National Assembly detailing its observations and recommendations on the Executive Tax Reforms ...

Middle class households (earning between R22,000 (US$1,188) and R35,000 (US$1,893) a month) use 69% of their income to cover their debts. A VAT-induced increase in the cost of living may push some ...

Things came to a head when Finance Minister Enoch Godongwana for the first time informed the Cabinet, two hours before he was due to table his Budget in Parliament, that he planned to increase VAT by ...