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 ...

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 ...

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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 ...

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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 ...

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 ...

Shop owners yesterday stressed on the need for collecting value added tax (VAT) at source until the government completed installing cash register machines on all kinds of stores. The National Board of ...

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, ...

Arusha — Arusha City Council is planning to use electronic fiscal devices (EFDs) for collecting revenue in a bid to double its receipts from Sh13 billion to Sh24 a year, city mayor Calist Lazaro has ...