The federation account allocation committee (FAAC) shared a sum of N1.92 trillion in November to the federal government, states and the local government councils.

The Inland Revenue Department (IRD) has said the implementation of the new tax invoice format and specifications for Value Added Tax (VAT) registered persons has been deferred to 1 April 2026. ..

The Federal Government, states and local government areas shared a total of N1.928tn as Federation Account revenue for November 2025, reflecting a decline from the N2.094tn shared in October.The ...

Nigeria’s sweeping tax overhaul will leave Africa’s most populous economy with the lowest Value-Added Tax (VAT) rate among ...

FAAC has announced that the gross statutory revenue for the month of November fell by N427.969 billion, to N1.736 trillion.

The federal, state and local government councils have shared a total of N1.928 trillion as Federation Account revenue for ...

Foreign companies are taxable in the Philippines on their income derived from sources within the country, regardless of their classification. Also, regardless of classification, their income earned ...

Sir Keir Starmer has pledged to “have a look” at the long-running VAT “anomaly” affecting further education colleges. The prime minister said today he would speak to the Treasury about the issue, ...

In a protest against business and VAT rates, pub and bar owners have rallied together to ban Labour MPs from their venues.

NDA-ruled Andhra Pradesh charges the highest VAT of Rs 29.06 per litre on petrol, while the same in Andaman & Nicobar Islands ...

As more and more consumers show preference to showers, we discover why baths are falling out of favour and what this means ...

Petrol and diesel are most expensive in Andhra Pradesh due to high VAT charges, while the lowest prices are found in the Andaman & Nicobar Islands.