Like Senate, Reps Pass Finance Bill Proposing VAT Increase, Others

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Like Senate, Reps Pass Finance Bill Proposing VAT Increase, Others.

The House of Representatives has passed the Finance Bill, 2019 submitted by President Muhammadu Buhari.

It introduces tax incentives for investment in infrastructure, capital markets and supports small businesses.The Finance Bill will reform the current tax regime by amending seven acts namely: Petroleum Profit Tax Act, Custom and Excise Tax Act, Company Income Tax Act, Personal Income Tax Act, Value Added Tax Act, Stamp Duties Tax Act, and Capital Gains Act.

The lawmakers were worried that policemen on highway patrol do not wear any means of identification such as name tags, boots, and even berets.

 

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Vat increment mehhn Nigeria is doomed

RealOlaudah Before this country finally grinds to a halt and collapse financially...let me leave before it will be late

ojpaschal buchionyegbule kamri_apollo

If truly the closure of border is yielding positively, it must in the last few months, expenditure in certain areas would decrease while revenue increases also; then the increase in VAT shall definitely cause inflationary move in the economy.

Pls the should increase our allawee (nysc)

Okay, but is it must the governments to be on social media👉YES OR NO with your reason😂😂 Follow back pls!! thanks 🙏

The Finance Bill isn't only about VAT increase...but of course this will draw wailers to malign MBuhari usual AjuriNgelale

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Belgique Dernières Nouvelles, Belgique Actualités