FG Plans Tax Exemption On Food, Transportation, Rents

FG Plans Tax Exemption On Food, Transportation, Rents | Daily Report Nigeria

    In a bid to make basic necessities affordable for Nigerians, the federal government has announced plans to remove taxes on food, house rents, and public transportation services. This was disclosed by Taiwo Oyedele, chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, during an interview on Channels Television. According to Oyedele, … Read more

FG Plans New Taxes, Regulation for Cryptocurrency by September

FG Plans New Taxes, Regulation for Cryptocurrency by September | Daily Report Nigeria

  The Federal Government has announced plans to introduce new tax laws by September, which will include regulations for the cryptocurrency industry. The Executive Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, made this known over the weekend at the FIRS 2024 Stakeholders Engagement with the Senate and House of Representatives Committees … Read more

Poor Nigerians Bear Tax Burden, Need Relief – Oyedele

Poor Nigerians Bear Tax Burden, Need Relief - Oyedele | Daily Report Nigeria

  The Chairman of the Presidential Fiscal and Tax Reforms Committee, Taiwo Oyedele, has revealed that the country’s poorest citizens have been shouldering the tax burden, emphasizing the need for a tax break to alleviate their suffering. In an interview on Channels TV’s Politics Today, Oyedele stressed that the current tax base is too small … Read more