2020 Finance Bill: Minimum wage earners exempted from tax

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President Muhammadu Buhari says the 2020 Finance Bill is proposing the exemption of minimum wage earners from the Personal Income Tax in order to reduce the imp

He spoke in Abuja on Monday through Vice President Yemi Osinbajo at the opening session of the 26th Nigerian Economic Summit Group Conference themed: ‘Building Partnerships for Resilience’.He said these incentives coupled with other items in the bill and various economic policies of the Federal Government would ensure the resilience of the Nigerian economy to exogenous shocks.

 

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Thanks you Mr President

Good development but how much are they earning. The increase in oil and electricity tariff has already wiped out any benefit of tax exemption

Brainless man

Exempted ❌ exempt✔️

🙏🙏

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