The Senate, Wednesday, considered the amendment of the 2023 Finance Act aimed at taxing foreign exchange proceeds realised by banks nationwide in their financial statements for the purpose of funding strategic national projects. The upper…
Sir Keir Starmer has vowed to “turn the page on an era of politics as noisy performance and return it to public service and start the work of rebuilding our country” with a programme containing 39 proposed pieces of legislation.
Get latest articles and stories on India at LatestLY. The European Union's Carbon Border Adjustment Mechanism (CBAM) will impose an additional 25 per cent tax on carbon-intensive goods exported from India to the EU, a new report said on…
The federal government is currently looking into a temporary suspension of the N10 tax on Sweetened Sugar Beverages (SSBs) as part of an economic stabilisation plan.
Mr Wale Edun, Minister of Finance and Coordinating Minister of the Economy, has supported the benefits of implementing a sugary drinks tax. He said that its implementation would improve public health and generate additional revenue for the…
U.S. solar manufacturers are prodding the Biden administration to toughen the rules on a law that gives a 10% tax credit solar project developers who use materials made in the U.S.A.
By Adedapo Adesanya President Bola Tinubu on Wednesday wrote to the Senate, seeking to increase the 2024 Appropriation Act by N6.2 trillion. He is targeting billions from foreign exchange (FX) gains of Nigerian banks for this, effectively…