Saturday, July 13, 2024
HomenewsGovt widens tax bands

Govt widens tax bands

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Business Writer Government has raised tax-free thresholds fivefold to provide relief to employees who are now subjected to higher tax rates following a recent wave of upward salary adjustments in response to higher prices, according to a notice by the Ministry of Finance and Economic Development. The move is meant to boost aggregate demand. In […]

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