Federal Government

  • Stamp Duty: FG Has Collected N20bn From Banks In 2020

    Stamp Duty: FG Has Collected N20bn From Banks In 2020

      The total amount of N20 billion has been collected by The Federal Inland Revenue Service (FIRS) for stamp duty between January and June 2020.   A compulsory charges of N50 stamp duty is charged on all deposits at Banks, and electronic transfers of naira-denominated current and savings accounts for transactions of 10,000 and above. …

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