FG Proposing Law To Increase VAT To 10% For Nigerians — Taiwo Oyedele
Politics

FG Proposing Law To Increase VAT To 10% For Nigerians — Taiwo Oyedele

Politics tamfitronics FG Proposing Law To Increase VAT To 10% For Nigerians — Taiwo OyedeleNewsFG Proposing Law To Increase VAT To 10% For Nigerians — Taiwo OyedelePublished 15 hours agoon September 3, 2024Politics tamfitronics The Federal Government is planning to propose a law to the National Assembly to raise the value-added tax (VAT) from 7.5% to 10%.The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele disclosed this during an interview on Channels TV’s “Politics Today.”He also revealed that the committee is working on combining various taxes in Nigeria to reduce the overall tax burden.Oyedele stated that several existing taxes, like the IT levy and education tax, will be consolidated into one tax, starting at 4% and eventually reducing to 2% in the coming years.According to him, the draft tax law prepared...
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3-fold increase in rent and old age prompt retirement for Bukit Merah hawkers behind noodle stall with 82-year history, Lifestyle News
Lifestyle

3-fold increase in rent and old age prompt retirement for Bukit Merah hawkers behind noodle stall with 82-year history, Lifestyle News

Lifestyle Faced with crippling rent and poor health due to old age, Bukit Merah lor mee and fishball noodle hawkers Wang Xueying (transliteration) and her family have hung up their aprons for good.The stall, which has an 82-year history, was open for the last time on Sunday (Aug 25).Xueying, 68, the second-generation owner of Zhong Xing Foochow Fish Balls & Lor Mee at Silat Avenue, told Shin Min Daily News that the stall was first started by her father, who came to Singapore from China when he was in his 20s.He'd set up a roadside stall at China Street selling noodles in 1942. Over the years, the stall relocated twice, first to Tiong Bahru, before moving into the Bukit Merah neighbourhood in 2010.The business did well over the years, and Xueying was roped in to work at the...
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Air India to increase frequencies to Kolkata for Durga Puja festival
Business News

Air India to increase frequencies to Kolkata for Durga Puja festival

Business new tamfitronics PUNE: Air India has announced it will temporarily operate additional flights to Kolkata from four Indian cities to meet greater travel demand to the city during the upcoming Durga Puja festivities.Starting September 20, Air India will operate daily, non-stop flights to Kolkata from Bengaluru and Hyderabad for nearly a month. The airline has also increased frequency to Kolkata from Delhi effective August 15, and from Mumbai effective September 25. With these additions, Air India will increase frequency on the Delhi-Kolkata route from 28x weekly to 35x weekly flights, and on the Mumbai-Kolkata route from 21x weekly to 28x weekly. The added flights will operate at convenient times, providing greater choice and ease to travellers who plan to visit their loved ones during the joyous festive season. Air India’s flights to/from...
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