Exemption of VAT on cooking oil in best interest of Malawians – Gwengwe
BY UCHIZI MBANGE Minister of Finance and Economic Affairs Sosten Gwengwe has said passing of the Value Added Tax Bill which will, among others, allow the removal of a 16.5 percent threshold on cooking oil, is a positive step towards ensuring that the citizenry is not overburdened with for crucial basic needs. The passed bill also exempts VAT on water,...
