Finance Bill 2022: FG Proposes to Change FIRS to NRS – THISDAYLIVE

Sunday Aborisade in Abuja

The Finance Bill, is the fourth in the series that seeks to complement the budget cycle of January to December, that was re-established with the 2020 Appropriation Act by the 9” National Assembly. “It proposes 50 per cent tax increase from the 30 per cent to companies involved in gas flaring among others.”

“Let me restate that in our nation’s legislative development, the way forward at present is not much about enacting new laws as much as amendments of old laws to take care of new realities and reform observed shortcomings in the implementation of existing laws.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Buhari Transmits Finance Bill 2022 to House – THISDAYLIVE
Source: THISDAY LIVE - 🏆 14. / 51 Read more »

FG considers renaming FIRS in 2022 Finance Bill - Punch NewspapersThe most widely read newspaper in Nigeria
Source: MobilePunch - 🏆 8. / 63 Read more »

Buhari asks to borrow N819.5 billion to finance 2022 supplementary budgetPresident Muhammadu Buhari has asked the House of Representatives to approve N819.5 billion supplementary budget for 2022. In a letter read by Speaker God abeg 😩 He just wants Nigeria to be in an unplayable depth 😏😏😏😏😏
Source: DailyPostNGR - 🏆 11. / 59 Read more »