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Tax talk

Source: Republica, Nov 17 2012, 2:17pm CST

NATIONAL TAX DAY The government for the very first time commemorated Nov 16 (Mangsir 1) as the National Tax Day. The day marks the implementation date of the Value Added Tax (VAT) regime in Nepal, launched on Nov. 17, 1997. Implementation of ...

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10

2 hours ago

The project Nepal: School Sector Reform Program Additional Financing is now in the pipeline.

Source: The World Bank  |   May 22 2013, 7:13am CDT

The World Bank's projects and operations are designed to support low-income and middle-income countries' poverty reduction strategies. Countries develop strategies around a range of reforms and investments likely to improve people's ...

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Update
9

7 hours ago

FIRS Targets N5.6 Trillion Revenue

Source: AllAfrica.com  |   May 22 2013, 3:07am CDT

The Federal Inland Revenue Service (FIRS) has said it was targeting a revenue base of N5.6 trillion this year, an increase from N5 trillion it earned in 2012. According to the FIRS Acting Executive Chairman, K ...

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Update
8

1 day ago

I-T Return Filing For 2012-13

Source: Moneycontrol.com  |   May 20 2013, 11:30pm CDT

In line with the thought process of the Union Budget 2013, the newly notified Income tax return forms for 2012/13 seek to shrink the spores within the tax net, making income stream /asset disclosure and subsequent taxation a clear objective. On ...

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Update
7

1 day ago

Multinational tax avoiders had better beware the 'unappreciative taxpayer' | Simon Bowers

Source: Guardian Unlimited  |   May 20 2013, 1:20pm CDT

As with many business leaders and tax professionals, the president of the CBI clearly feels a growing sense of frustration at the direction of the public debate over multinationals and their tax bills. "Tax avoidance ...

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Update
6

2 days ago

Nigeria: Investors Confidence in Nigerian Economy Surge

Source: AllAfrica.com  |   May 20 2013, 8:11am CDT

Investors' interest and confidence in the Nigerian economy is surging, Minister of State for Finance, Dr. Yerima Lawan Ngama has disclosed. Citing 14 million hits and download of data from the website of the Nigerian Federal Office of Statistics, FO ...

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Update
5

2 days ago

Infosys to challenge new tax demand of $105.3 million

Source: Deccan Herald  |   May 20 2013, 12:04am CDT

Infosys Ltd, India's No. 2 software services exporter, said on Monday it would challenge a 5.77 billion rupees income tax demand raised by Indian authorities earlier this month. The demand relates to certai ...

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Update
4

2 days ago

350,000 Companies Don’t Remit Taxes

Source: THISDAY LIVE  |   May 19 2013, 7:30pm CDT

The Federal Government has decried the practice of tax evasion by many companies operating in the country. It said in the last few years, about 350,000 companies have not filed tax returns. Tax returns a ...

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Update
3

2 days ago

Petrol surcharge surprise

Source: Calcutta Telegraph  |   May 19 2013, 5:20pm CDT

Patna, May 19: A 10 per cent surcharge on value-added tax (VAT) on petrol came as a bolt from the blue for thousands of consumers. Oil companies raised petrol prices by Rs 1.76 to Rs 68.94 a litre from midnight on Saturday. On May 7, whi ...

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Update
2

3 days ago

One tax law for us and another for Amazon | Nick Cohen

Source: Guardian Unlimited  |   May 18 2013, 6:06pm CDT

On the edge of Rugeley stands Amazon's largest distribution centre in Britain. Life for the workers who trudge around the 800,000 sq ft warehouse is not as bad as it was for the men who once worked in the pits of the Staffordsh ...

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Update
1

3 days ago

The right priorities

Source: Republica  |   May 18 2013, 2:58pm CDT

Even if domestic revenue is inadequate, the government needs to pay for recurrent expenses, including salaries to its employees, at any cost. Also, the peoples’ demands for development cannot be ignored even at the time of revenue crunch, wh ...

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