President Bola Tinubu’s Tax Reform Bill has been hailed as a comprehensive legislation by Muslim faithful, aimed at transforming Nigeria’s tax system to boost revenue generation and support economic growth.
They view it as a welcome development, although they acknowledge the need for further discussion.
The proposed legislation introduces significant changes to corporate income tax, personal income tax, and value-added tax, aiming to create a more equitable and efficient taxation model.
The faithful said this during The Fajr Centre First Quran Graduation ceremony in Lagos.
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