LONDON, July 21: Britain's new Prime Minister Andy Burnham announced Tuesday the removal of value added tax (VAT) on UK domestic electricity bills from October, his first measure to ease the cost o...
Inland Revenue Department issues directives to implement new fiscal measures, including electricity VAT, health and education levies, and revised tax rules from new fiscal year. Households consumi...
KATHMANDU, June 1: Prime Minister Balendra Shah, addressing Parliament for the first time on Sunday, announced that revenue generated from the newly imposed value added tax (VAT) on electricity con...
KATHMANDU, May 30: Chairman of Ujyalo Nepal Party Kulman Ghising urged the government to immediately revoke its decision to slap 5 percent value added tax (VAT) on the consumption of electricity by...
Other tax reforms include higher excise on sin goods, digital VAT incentives, and major relief measures for businesses and middle-class taxpayers. The government, through the budget for the upcomi...
KATHMANDU, May 27: The government is weighing revisions to the value added tax (VAT) regime in response to long-standing demands from the private sector for multiple VAT rates. Officials at the Min...
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