Sunday, July 3, 2016

Government To Make Amendments To The Current Tax Systems In The Country

The government has decided to introduce an amendments to the current tax systems in the country as the general public is facing enormous difficulties due to the implementation
of new tax systems .

Accordingly government is due to take steps to introduce amendments to the existing tax systems in the country from tomorrow(04)government sources have stated.

Due to the increasing of value added tax(VAT) by 4% from 11% to 15%  with effect from 02nd of May 2016 ,the prices of essential goods have risen and both the public as well as shop owners have faced difficulties due to this situation it has been reported.

Many shop owners in the country last week have staged a protest campaign against the increasing of value added tax.

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