Parliament backs bill to double VAT


A bill to increase the tax on goods and services cleared its biggest hurdle in a day of political drama yesterday, as 23 MPs voted in favour of doubling Value Added Tax (VAT) from five per cent to 10per cent.

Fifteen rejected the government-drafted bill to amend the 2018 VAT law, while one abstained and one MP was absent.

Read more: https://www.gdnonline.com/Details/1016275

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