KADIRS WARNS RESIDENTS AGAINST FAKE REVENUE COLLECTORS, INTRODUCES E-DEMAND NOTICE AS SOLE PAYMENT AUTHORIZATION. (PHOTO).

Image
 KADIRS Warns Residents Against Fake Revenue Collectors, Introduces E-Demand Notice As Sole Payment Authorization The Kaduna State Internal Revenue Service (KADIRS) has cautioned taxpayers and residents of Kaduna State against making revenue payments without first obtaining an official E-Demand Notice (Pay Advice), warning that fraudsters may exploit outdated payment processes to defraud the public. In a public announcement issued on Thursday, KADIRS said the move forms part of its ongoing efforts to automate revenue collection and enhance transparency across the state.  The agency disclosed that manual demand notices previously used for Local Government revenue collection have been phased out and are no longer recognized. According to KADIRS, the E-Demand Notice (Pay Advice) has officially replaced the former Local Government Harmonized Demand Notice and is now the only valid document for on-the-spot taxpayer assessment through the state's Central Billing System. The Service ...

NETFLIX FACES ANTITRUST LAWSUIT OVER WARNER BROS. ACQUISITION PLAN. (PHOTO).


Netflix faces antitrust lawsuit over Warner Bros. acquisition plan

An HBO Max subscriber has filed a nationwide antitrust class action against Netflix over its proposed $72 billion acquisition of Warner Bros. Discovery, claiming the deal could harm consumers by raising prices and reducing content diversity. The complaint, filed in the Northern District of California, argues that merging Netflix’s dominant global streaming platform with Warner Bros. Discovery’s studios and streaming services would significantly decrease competition in the U.S. subscription video-on-demand market.

Plaintiff Michelle Fendelander, representing subscribers who paid for HBO Max since December 2021, asserts that the merger would allow Netflix to raise subscription fees, limit content quality and availability, and reduce innovation, while making it harder for new competitors to enter the market. The lawsuit cites Section 7 of the Clayton Act and seeks to protect consumers from diminished choice and higher costs. The filing comes as Paramount Skydance launched a rival bid to acquire Warner Bros. Discovery, promising more cash to shareholders and arguing its deal would increase competition. Political figures, including Senator Elizabeth Warren, have raised antitrust and national security concerns over both bids, while former President Donald Trump has said he is still assessing the market implications. Netflix has not commented on the lawsuit.


Comments

Popular posts from this blog

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

THE NEW OONI OF ILE-IFE,WILL NOT EAT THE HEART OF THE LATE OONI-PALACE CHIEFS.

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).