Back in 2018, the National Board of Revenue (NBR) took an initiative to set up free electronic fiscal devices (EFD) in shops across the country to ease collection of taxes. But only 3,393 shops in the ...
Several administrations have adopted electronic fiscal devices (EFDs) in their quest to combat noncompliance, particularly as regards sales and the value-added tax (VAT) payable on sales. The ...
Pliant Technology Unveils Enterprise Flash Drive Family: Industry’s Highest Performance and Most Reliable Flash Storage Devices Pliant Lightning EFDs Deliver 2-4 Times Faster Performance and 10 Times ...
The installation of VAT machines has been mandatory for the last decade and a half, but not even 20,000 machines have been installed across Bangladesh, so far. Experts say prioritizing the ...
The National Board of Revenue should accelerate the use of electronic fiscal devices (EFDs) and ramp up monitoring to eliminate non-compliance with a view to raising more value-added taxes using ...
The American Institute of CPAs (AICPA) has submitted recommendations to the Department of the Treasury concerning the transition to an electronic federal disbursements system (EFDS), as mandated by ...
The National Board of Revenue (NBR) plans to install nearly 20,000 electronic fiscal devices (EFDs) in jewellery shops across the country to boost revenue collection from the sector. As part of this ...
The High Court in Blantyre has dismissed fears by some VAT operators that the implementation of Electronic Fiscal Devices (EFDs)—an advanced version of an electronic cash register -will cause loss of ...
The Malawi Revenue Authority (MRA) has penalised 131 Value Added Tax (VAT) operators for failing to purchase and produce evidence of acquiring Electronic Tax Registers (ETRS) in the first phase of the ...
Dodoma — The issuing of electronic fiscal devices (EFDs) to all value added tax (VAT) registered traders in the country is set to resume, the Finance and Planning deputy minister, Dr Ashantu Kijaji, ...
The Tanzania Revenue Authority (TRA) has uncovered new tricks being applied by some dishonest business people to cheat the government's order wanting them to issue receipts from Electronic Fiscal ...