Tuesday, April 23, 2024
MARKET UPDATE
Advertisement Topt

TheCable

Advertisement lead

Tag "excise duty"

‘President’s approval supersedes all’ — Pantami insists telecom sector exempted from 5% tax

    ‘President’s approval supersedes all’ — Pantami insists telecom sector exempted from 5% tax

Isa Pantami, minister of communications and digital economy, says the exemption of the telecommunications sector from the proposed 5 percent excise duty still stands. The federal government recently unveiled the

0 comment Read Full Article

Nigerians to pay more for beer as FG increases tax rate to N75 a litre

    Nigerians to pay more for beer as FG increases tax rate to N75 a litre

The federal government has increased the excise duty rate on beer and stout by 87.50 percent to N75 per litre in 2023, from N40 per litre in 2022. The federal

0 comment Read Full Article

Increased excise duty rates will hurt economy, CPPE tells FG

    Increased excise duty rates will hurt economy, CPPE tells FG

The Centre for the Promotion of Private Enterprise (CPPE) says certain tax and import duty provisions in the recently approved fiscal policy measures (FPMs) of the federal government, would significantly

0 comment Read Full Article

10% excise duty on plastics, N8 tax per cigarette… highlights of FG’s new fiscal policy

    10% excise duty on plastics, N8 tax per cigarette… highlights of FG’s new fiscal policy

The federal government recently unveiled new fiscal policy measures (FPM) outlining the rates of taxes and excise duties for the current year. The new FPMs, which consist of supplementary protection

0 comment Read Full Article

Pantami: Buhari has approved exemption of telecoms sector from 5% excise duty

  Pantami: Buhari has approved exemption of telecoms sector from 5% excise duty

Isa Pantami, minister of communications and digital economy, says President Muhammadu Buhari has approved the exemption of the telecommunications sector

0 comment Read Full Article

‘Our taxes are over N300bn, save us from collapse’ — soft drink producers beg n’assembly

  ‘Our taxes are over N300bn, save us from collapse’ — soft drink producers beg n’assembly

Major players in the soft drink market have asked the national assembly to protect businesses from collapse over the N10/litre

0 comment Read Full Article

FG moves to implement 5% excise duty on telecom services

  FG moves to implement 5% excise duty on telecom services

The federal government says it will start implementing a five percent inclusive excise duty on telecommunications services in Nigeria. The

0 comment Read Full Article

EXCLUSIVE: Call tariff hike imminent as FG slams 5% duty on recharge cards

  EXCLUSIVE: Call tariff hike imminent as FG slams 5% duty on recharge cards

Hello, subscribers — if the number you are calling is not switched off, you will soon pay a higher tariff.

1 comment Read Full Article

NECA asks FG to suspend N10/litre excise duty on carbonated drinks

  NECA asks FG to suspend N10/litre excise duty on carbonated drinks

The Nigeria Employers’ Consultative Association (NECA) says the federal government should suspend the new excise duty of 10/litre on carbonated

0 comment Read Full Article

The carbonated drinks excise duty regime: Making a case for sustainable environment

  The carbonated drinks excise duty regime: Making a case for sustainable environment

BY VICTOR TEMITOPE AMUSA The report that the federal government has introduced an excise duty of N10/litre on all non-alcoholic,

0 comment Read Full Article
error: Content is protected from copying.