Considering the high inflation, VAT on the garment sector has been reduced slightly, an NBR official said. Meanwhile, the NBR is likely to reduce the VAT rate on sweet shops to 10 percent.
Healthcare seekers face higher prices for medicine due to the hike in value-added tax (VAT) on trades by pharmacies and drug stores. The tax administration on Thursday last week raised the ...
The standard rate of IPT is 12pc, compared to 20pc for VAT. You do not pay VAT on insurance. How can you reduce the insurance premium tax you pay? To reduce the amount of insurance premium tax you ...
has said that the proposed Value Added Tax (VAT) reform will reduce the cost of manufacturing by about 3.3 percent when implemented. Oyedele disclosed this in a post titled, ‘Impact of Proposed ...
Reduce VAT: Cut the VAT rate to 3% instead of increasing it, offering relief to citizens and businesses. Reject Increased Telecom Tariffs: Telecommunication costs must remain affordable to ensure ...
The Kentucky House voted Thursday to reduce the state’s individual income ... of the tax code overhaul three years ago, the state sales tax was extended to apply to more services.
The state's income tax is currently being phased down to 4% by 2027. Reduce sales tax on groceries from 7% to 5%. Include measures that would pause tax cuts if state revenue began to fall to a ...
It also wants the Chancellor to reduce VAT on public EV charging from 20 percent to match the 5 percent levied on domestic electricity so those who can’t charge at home aren’t disadvantaged ...
Reduce state sales tax on groceries from 7% to 2.5% while adjusting tax structure on other items to offset the costs. Removes state sales tax diversions to municipalities and replaces it with a ...
The Assam Police Sub Inspector (SI) recruitment admit card for 2024 has been officially released. Candidates can download it from the State Level Police Recruitment Board (SLPRB) Assam website ...