Nipost news on stamp duty
Here are some recent news updates on Stamp Duty in Nigeria:
1. NIPost Introduces Online Stamp Duty Payment Platform
The Nigerian Postal Service (NIPost) has introduced an online platform for the payment of Stamp Duty. The platform, which was launched in 2020, allows individuals and businesses to pay their Stamp Duty online, reducing the need for physical visits to NIPost offices. (Source: Vanguard News)
2. FG Increases Stamp Duty Rate to 0.75%
The Federal Government has increased the Stamp Duty rate from 0.5% to 0.75% of the value of a transaction. The new rate took effect from January 2020. The increase is aimed at generating more revenue for the government. (Source: Punch News)
3. NIPost Warns Against Illegal Stamp Duty Collection
NIPost has warned against illegal collection of Stamp Duty by individuals and organizations. The agency has urged the public to report any such cases to the appropriate authorities. (Source: Leadership News)
4. Stamp Duty: NIPost Seeks Collaboration with CBN
NIPost has sought collaboration with the Central Bank of Nigeria (CBN) to improve the collection of Stamp Duty. The agency believes that collaboration with the CBN will help to reduce the challenges associated with Stamp Duty collection. (Source: Daily Trust)
5. FG Targets N100 Billion Stamp Duty Revenue in 2023
The Federal Government has set a target of generating N100 billion in Stamp Duty revenue in 2023. The government believes that the increase in Stamp Duty rate and the introduction of the online payment platform will help to achieve this target. (Source: This Day Live)
These are some of the recent news updates on Stamp Duty in Nigeria. If you have any specific questions or would like more information, feel free to ask!