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PPF Interest Rates 2019-20: GPF and PPF:...

Representative image | Photo credit: Getty Images Highlights GPF is a provident account accessible to civil servants. In this fund, state employees pay a certain percentage of their salary into the account The PPF is a savings plan offered by the Indian government. Interest on the account is paid by the Indian government and fixed […]

Plan to increase top-rate tax bracket to...

The plan to increase the threshold at which taxpayers start paying the higher tax rate would cost 2.3 billion euros, according to the government’s tax strategy group. The group published a number of articles ahead of Budget 2020 detailing tax changes over the past few years and informing decisions on tax policy for the coming […]

Disabling the Naira Exchange Rate System...

Today, in a floating exchange rate system (MFS) managed qua managed through a single foreign exchange market (SFM), the perennial macroeconomic challenges of CBN policy are dissolving, the development finance concern prompted by the the failing central bank’s monetary policy fades and the FG stops borrowing to finance its budget. How? ‘Or’ What? In MFS, […]

The € 50,000 threshold for a higher tax

The government’s commitment to raise the threshold at which the higher-rate income tax applies to € 50,000 will cost € 2.3 billion, according to the finance ministry’s tax strategy group. The group, which publishes a number of reports each summer aimed at informing fiscal policy, said there had been a lot of commentary on the […]

Handicap-the-naira Exchange Rate System ...

A currency dealer counts wads of naira banknotes to be exchanged on the “black market” in Lagos, Nigeria. Photographer: Tom Saater / Bloomberg Central Bank of Nigeria Governor Godwin Emefiele said: “We will continue to apply a managed floating exchange rate regime to reduce the impact of the continued volatility that the exchange rate may […]