Page 55 - First Schedule News Today

Mr Ken Ofori- Atta, Minister of Finance and Economic Planning, has proposed a 2.5 per cent increase in the Value Added Tax (VAT) to support roads and digitisation agenda of government.  He said the Government would “Review the E-levy Act and specifically reduce the headline rate from 1.5 per cent…

Mr Ken Ofori- Atta, Minister of Finance and Economic Planning, has proposed a 2.5 per cent increase in the Value Added Tax (VAT) to support roads and digitisation agenda of government.  He said the Government would “Review the E-levy Act and specifically reduce the headline rate from 1.5 per cent…

A division bench of Justice R Mahadevan and Justice J Sathya Narayana Prasad, ordered notice to the union government asking them to respond within four weeks.

Kunnur Seenivasan, a Dravida Munnetra Kazhagham party member, has sought the removal of the First Schedule, Part I, paragraph A of the Finance Act, 2022.

A bench of Justices R Mahadevan and Sathya Narayana Prasad issued notices to the Central government, and the Law and Finance ministries and directed them to respond within four weeks.

The High Court has issued a notice to the Centre and the Law and Finance ministries, seeking a response within four weeks, Bar and Bench reported.

The Madurai Bench of the Madras High Court has sought the response of the Centre on a plea (Case No: WP(MD) 26168 of 2022)

The Government on Thursday issued a notification exempting cars imported by governors from payment of customs duty. The notification, which has been issued in “public interest’’, will come into force from Friday.

A 36-year-old man was fined RM3,500 or three months’ jail for having for sale 237 bottles of vape liquid containing poison without a licence, four years ago

Sri Lanka President and the finance Minister Ranil Wickeremesinghe said, military personnel will be given the opportunity for retire early after completing 18 years of service.