WOMAN CHARGED AFTER POLICE INTERCEPTED ‘EXTREMELY SIGNIFICANT’ BOMB ON HER WAY TO NORTHERN IRELAND. (PHOTO).
The Federal Government has inaugurated an Inter-Ministerial Committee to draft the 2026 VAT Modification Order, a key step in implementing Nigeria's new tax laws.
The Finance Minister and Coordinating Minister of the Economy Taiwo Oyedele who swore-in the committee tasked it with to review VAT "Exempt and Zero-rated" provisions under the Nigeria Tax Act, as well as recommending a clearer, more practical framework for businesses and tax administrators.
The committee drawn from the Finance Ministry, Nigeria Revenue Service, Customs, Trade Ministry, Manufacturers Association of Nigeria; Tax Advisory Committee, Tax Justice and Governance Platform has six weeks to submit a draft Order, updated exemption schedules, and a stakeholder consultation report.
Comments
Post a Comment