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Farooq

Posts Tagged "taxes"

HomePosts Tagged "taxes"

Kemi Adeosun, minister of finance, says thousands will get letters advising them to pay up the differences in their taxes and take advantage of the Voluntary Assets and Income Declaration Scheme (VAIDS). Adeosun disclosed this during the weekend while speaking at workshop organised by the federal ministry of finance, Federal Inland Revenue Service and Joint […]

Kemi Adeosun, minister of finance, says the federal government has signed a policy to tax first class and business class air tickets alongside other luxury goods. Fielding questions from Nigerians on Thursday morning, via Facebook, the minister was asked what her thoughts were on taxing first class tickets and luxury coaches, and she said “I […]

Ifeanyi Onuba, Abuja The Minister of Finance, Mrs. Kemi Adeosun, on Thursday said that the Federal Government was currently profiling high net worth individuals to ensure that what they currently own as assets correspond with the amount they were paying as taxes. She said this via a video posted on her Facebook page where she […]

Ifeanyi Onuba, Abuja The Minister of Finance, Mrs. Kemi Adeosun, on Tuesday said that 55 per cent of the revenue generated by the Federal Government from Value Added Tax receipts was being collected from Lagos State. Adeosun, according to an online publication, TheCable, said this during a meeting with members of the Progressive Governors’ Forum […]

ABUJA May 22 (Reuters) – Nigeria will increase the interest rate on unpaid taxes to discourage companies and individuals from paying late and racking up a larger debt, the finance ministry said on Monday. The ministry said the measure will take effect on July 1 and that the rate would be five percent over a […]

By Alexis Akwagyiram LAGOS May 9 (Reuters) – Nigeria’s government should simplify taxes and reduce fees involved in laying fibre optic cables to encourage development of infrastructure for the technology industry, Google’s manager in the West African country said on Tuesday. Juliet Ehimuan-Chiazor told Reuters boosting the technology industry would help diversify Nigeria’s oil-dependent economy, […]

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Mobile phone users will be in for hard times if proposal by the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, to the federal government to introduce mobile phone call tax becomes a reality. The Governor, who broke the news at the 2016 Annual Bankers’ Dinner organised by the Chartered Institute of Bankers of Nigeria […]