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Charity Organizationsjoin us enabling the poorest of the poor toimprove their own lives
join us enabling the poorest of the poor toimprove their own lives
Sunday, July 16, 2017
With the implementation of the proposed Inland Revenue act, the VAT will be simplified and subsequently done away with, and indirect tax revenue is to be brought down, the finance ministry expects. Ministry sources say that as much as 80 per cent of state tax revenue comes from indirect taxes, pressurizing the majority low-income families, and the government intends ease that pressure and to raise the 20 pc direct tax revenue.