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Breaking: Senate Concurs With Executive, Okays 7.5% Hike In VAT, 6 Other Taxes

Tgmedia by Tgmedia
November 21, 2019
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The Senate has just passed the Finance Bill which seeks an increment of the value-added tax from five per cent to 7.5 per cent.

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The bill also seeks an increment in the Companies Income tax,  Customs and excise, Petroleum Profit Tax, Stamp duties,  personal income tax and Capital Income tax.

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