In fulfillment of its mandate to significantly spur Micro, Small and Medium Scale Enterprises in Nigeria, the Federal Government will b launching one-stop shops across the country to facilitate smoother government regulation and interface between entrepreneurs and agencies like the National Agency for Food...
The Chairman, Federal Inland Revenue Service (FIRS), Mr Babatunde Fowler says with the introduction of Voluntary Assets and Income Declaration Scheme (VAIDS), no Nigerian can evade tax payment. Fowler said this at the 138th Quarterly Meeting of the Joint Tax Board (JTB) on Monday...
The Federal Inland Revenue Service (FIRS) is targeting N1.8 trillion Value Added Tax (VAT) collection for the 2017 fiscal year.
Its Executive Chairman, Tunde Fowler, made the projection at his 2017 budget presentation to the Senate Committee on Finance during budget defence.
The FIRS chief told...
The Federal Inland Revenue Service (FIRS) has said that it generated N778.19 billion revenue in the first quarter of 2017.
This is according to a progress report by the FIRS sent to the Federal Ministry of Finance which showed the revenue performance for the first...
The Senate has frowned at the Central Bank of Nigeria (CBN), Federal Inland Revenue Service (FIRS) and 32 other parastatals and agencies of government for failing to submit their 2017 budget proposal eight months after they were due to have been submitted.
Following a point...
A team from the Enforcement Department of the Federal Inland Revenue Service (FIRS) has sealed the office of Punz Limited, located at the Lekki Shopping Plaza, Lagos over tax debts of N20, 066, 940.
The figure is for accrued debts in company income tax and...