The VAT Law, effective from July 1, applies ‘a pay first, refund later’ mechanism on VAT, causing major difficulties for the business community.

The VAT Law, effective from July 1, applies ‘a pay first, refund later’ mechanism on VAT, causing major difficulties for the business community.

Under draft law, enterprises will not have to pay 5 per cent VAT on unprocessed agricultural products traded at the commercial stage, helping to...

Under draft law, enterprises will not have to pay 5 per cent VAT on unprocessed agricultural products traded at the commercial stage, helping to...

To ease the burden on affected taxpayers, the law provides for interest on delayed refunds through Section 244A of the Income Tax Department (ITD).

To ease the burden on affected taxpayers, the law provides for interest on delayed refunds through Section 244A of the Income Tax Department (ITD).

Under draft law, enterprises will not have to pay 5 per cent VAT on unprocessed agricultural products traded at the commercial stage, helping to...

The 15th National Assembly is set to review several key draft laws during its 10th session on Tuesday, including amendments to the Law on Public Debt...

  Business Reporter TREASURY has reduced the Intermediated Money Transfer Tax (IMTT) on ZiG transactions from 2 percent to 1,5 percent, to ease the...

The 15th National Assembly is set to review several key draft laws during its 10th session on Tuesday, including amendments to the Law on Public Debt...