Despite the petition by the Minister of Communications and Digital Economy, Dr Isa Ibrahim Pantami, the Federal Inland Revenue Service… Despite the petition by the Minister of Communications and Digital Economy, Dr Isa Ibrahim Pantami, the Federal Inland Revenue Service (FIRS) insists it is backed by law to collect stamp duty. Dr. Pantami had petitioned […]

President Muhammadu Buhari had in December, last year, nominated Mr. Muhammad Nami as the new Executive Chairman of the Federal Inland Revenue Service (FIRS). He replaced Babatunde Fowler whose application for a second term was rejected by the presidency. Nami’s appointment was swiftly confirmed by the Senate. Therefore, the new FIRS boss should be aware

L-R: Managing Director, Galaxy Backbone Limited, Prof. Mohammed Abubakar; Executive Commissioner, Technical Services, Nigerian Communications Commission, Engr. Ubale Maska; Minister of Communications and Digital Economy, Dr. Isa Pantami; Director-General, National Information Technology Development Agency, Mr. Inuwa Abdullahi and Managing Director, Nigerian Communications Satellites Limited, and Dr. Abimbola Alale during the maiden Press parley by the

Giving newsmen a ‘Detailed Analysis of Year 2020 Budget’ of Lagos State in Ikeja on Tuesday, Egube said that the budget of N1.16 trillion would be funded from a total revenue estimate of N1.07 trillion. ”A significant percentage of the projected Total Internally Generated Revenue (TIGR) of N500 billion is expected to be contributed by

The arguments surrounding the Federal Government agency that warehouse proceeds of stamp duty in Nigeria has taken another dimension. Following the recent protest of workers in Nigerian Postal Service (NIPOST) over who collect the duty, Minister of Communication and Digital Economy, Isa Ibrahim Pantami, has thrown his weight behind NIPOST workers. He faulted the decision of the

The Finance Bill 2019, when signed into law, will ensure that small businesses with turnover less than N25m will be exempted from Companies Income Tax. Currently, all companies are expected to pay the Federal Government 30 per cent of their profit as Companies Income Tax. However, the Minister of Finance, Budget and National Planning, Zainab

New Jersey experienced the highest number of departures among all states in 2019, according to data from United Van Lines. One-third of people leaving cited retirement as a reason. Illinois and New York round out the top three states with the most outbound moves. Popular destinations include Idaho and Florida, the moving service found. Traffic

The Internal Revenue Service is making it easier for more people to file their taxes for free in 2020. On Monday, the IRS made an addendum to its Free File program which is an agreement with a dozen tax preparation firms including H&R Block and TurboTax’s parent company Intuit.  The government program offers no-charge tax-prep software to people

The Government’s tax take has almost doubled since the low point of the crash in 2010, according to the latest exchequer returns. They show that the Government collected a record €59 billion in taxes last year, exceeding the 2018 performance by 6.8 per cent or €3.75 billion. This was nearly double the €31 billion collected

Paying tax is part of living in a productive, progressive society. The government uses tax dollars to invest in the economy by building infrastructure and offering other public services. Your taxes help run the country, but sometimes it feels like an unfair burden we all have to pay. If you listen to the media, you’ll