Service turnover tax drops by 4pc

THE service turnover tax will be reduced from 10 to six per cent. While delivering the 2017-2018 National Budget address, Attorney-General and Economy Minister Aiyaz Sayed-Khaiyum also revealed there would be a restructure of the corporate social responsibility tax to ensure there was no additional tax burden. Also eliminated is the 12.5 per cent super […]

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