The President of Breast Care International has urged government to take off taxes on imported medical supplies offered for free distribution to disadvantaged health institutions and patients in the...
The Aviation Ministry has begun talks with the Finance Ministry to scrap taxes on import duty on aircraft parts and other ancillary aircraft equipment, the former’s minister has said. According to...
A former Presidential staffer, Dr. Clement Apaak has dragged the Ghana Revenue Service to court over the implementation of the 3 percent VAT Flat Rate Scheme (VFRS). According to Dr. Apaak the scheme...
Business Associations protesting the implementation of the 3% VAT Flat rate scheme are skeptical of a positive outcome for the appeals to get the tax scrapped. They contend that the apparent support...
The Minority has threatened to go to court in a bid to compel the Ghana Revenue Authority (GRA) to halt the implementation of the 3 percent VAT flat rate scheme. According to the Minority, the scheme...
The Ghana Union of Traders Association (GUTA) has presented a counter petition to the Finance Committee of Parliament, stating that it supports the implementation of the 3% VAT flat rate introduced...
Parliament’s Finance Committee has invited the Finance Minister, Ken Ofori Atta to respond to concerns by various business associations over the implementation of the 3% VAT Flat rate scheme. The...
Prices on goods have gone up by about 20.5%, following the implementation of the 3% VAT Flat Rate which commenced on July 1; the General Secretary of the Food and Beverages Association of Ghana,...
India has vowed that a new nationwide tax will revolutionise the economy by bringing more businesses into the digital system to enrich state coffers, but for shopkeeper Sanjay Kumar Rai, who has...
India on Saturday launched its biggest ever fiscal reform with the government promising that a new nationwide tax would make the economy stronger and less corrupt, but businesses are nervous about...
The Indian government on Saturday launched its biggest fiscal reform ever, promising a stronger economy and less corruption, but many businesses said they were confounded by the new single nationwide...
Indian opposition vowed Friday to boycott the launch of the government's new national tax, adding to the strain ahead of the country's biggest ever fiscal reform. Businesses are bracing for upheaval...
India is bracing for upheaval as it storms ahead with its most ambitious reform in decades -- transforming the world's fastest growing major economy into a single market for the first time. The...
Oil-rich Gulf countries, which for decades have attracted millions of foreign workers thanks to their reputation as tax-free havens, aim to introduce value-added tax in 2018 to plug budget gaps. On...
Government has expressed hopes that buyers and users of vehicular spare parts in Ghana will soon start to enjoy reduced prices in the market. This comes after the Parliament approved the Customs...
The leadership of Parliament is expected to seek further clarifications from officials of the Ghana Revenue Authority(GRA) and the Finance Minister over the implementation of the Value Added...
The Minority has filed a motion in Parliament aimed at stopping the Ghana Revenue Authority (GRA) and the Finance Ministry from suspending advertising the implementation of VAT (Amendment) Act, 2017...
Investigations into the collection of property taxes in the Accra Metropolis and the Awutu-Senya East Municipality show that officials in the districts are struggling to keep track of and tax...
Financial institutions operating in the country have with immediate effect stopped charging 17.5 percent Value Added Tax (VAT) on all financial services. The decision is in pursuant to the Value...
The Trump administration's long-awaited tax reform plan will propose slashing corporate taxes to 15 percent, from the current maximum of 35 percent, US Treasury Secretary Steven Mnuchin said...
