• Latest
  • Trending
  • All
  • News
  • Politics

Institute of Taxation inducts 586 new members

November 23, 2019
BREAKING: Lai Mohammed Reveals That President Buhari Refused To Talk About The Alleged Terrorism Scandal Surrounding Dr. Isa Pantami At Wednesday’s FEC Meeting, Despite Calls For His Sack

BREAKING: Lai Mohammed Reveals That President Buhari Refused To Talk About The Alleged Terrorism Scandal Surrounding Dr. Isa Pantami At Wednesday’s FEC Meeting, Despite Calls For His Sack

April 21, 2021
BREAKING: Great Tension, As Heavily Armed Bandits Break Into Nigerian Military Camp In Niger State, Burn Vehicles, Wreak Devastating Havoc, Under New COAS Ibrahim Attahiru’s Watch

BREAKING: Great Tension, As Heavily Armed Bandits Break Into Nigerian Military Camp In Niger State, Burn Vehicles, Wreak Devastating Havoc, Under New COAS Ibrahim Attahiru’s Watch

April 21, 2021
EXCLUSIVE: Big Shame To President Buhari, As Thousands Of Igbos Hide Under The Umbrella Of IPOB/MASSOB To Seek For Asylum And British Passports, To Escape The Hardship Of The APC Government

EXCLUSIVE: Big Shame To President Buhari, As Thousands Of Igbos Hide Under The Umbrella Of IPOB/MASSOB To Seek For Asylum And British Passports, To Escape The Hardship Of The APC Government

April 21, 2021
Breaking: Ada Jesus Is Dead

Breaking: Ada Jesus Is Dead

April 21, 2021
Bill To Establish A National Livestock Bureau Passes Second Reading In The 9th Senate, To Properly Identify, Regulate, And Protect Cows, Under President Muhammadu Buhari’s Watch

Bill To Establish A National Livestock Bureau Passes Second Reading In The 9th Senate, To Properly Identify, Regulate, And Protect Cows, Under President Muhammadu Buhari’s Watch

April 21, 2021
Everybody should get Ready for what is coming in Nigeria Because No one may survive it — Shettima

Everybody should get Ready for what is coming in Nigeria Because No one may survive it — Shettima

April 21, 2021
President Buhari Deeply Shocked And Devastated By The Sudden Death Of The President Of Chad, Idriss Deby, Says His Death Will Make The War Against Boko Haram And ISWAP Very Difficult For Nigeria To Win

President Buhari Deeply Shocked And Devastated By The Sudden Death Of The President Of Chad, Idriss Deby, Says His Death Will Make The War Against Boko Haram And ISWAP Very Difficult For Nigeria To Win

April 21, 2021
APC Challenges Nigerian Youths, Other Critics, To Show Any Other Government In The History Of Nigeria That Has Done Much More Than President Buhari Has Done, And That Has A Direct Link With The Masses

APC Challenges Nigerian Youths, Other Critics, To Show Any Other Government In The History Of Nigeria That Has Done Much More Than President Buhari Has Done, And That Has A Direct Link With The Masses

April 21, 2021
Governor David Umahi Takes Drastic Action, Tells Fulani Herdsmen Not To Return Back To Ebonyi State, Until Peace And Calm Returns To The State, Says They Knew About The Planned Attacks In The South-East Region

Governor David Umahi Takes Drastic Action, Tells Fulani Herdsmen Not To Return Back To Ebonyi State, Until Peace And Calm Returns To The State, Says They Knew About The Planned Attacks In The South-East Region

April 21, 2021
BREAKING: Asylum to IPOB, MASSOB members, sabotage, disrespect for Nigeria – FG attacks UK

BREAKING: Asylum to IPOB, MASSOB members, sabotage, disrespect for Nigeria – FG attacks UK

April 21, 2021
Nigeria under Buhari a mass of cumulative failure – Oby Ezekwesili

Nigeria under Buhari a mass of cumulative failure – Oby Ezekwesili

April 20, 2021
Over 16,000 Muslims Received Christ After A Young Preacher Took The Risk Of Going To Evangelize In Pakistan

Over 16,000 Muslims Received Christ After A Young Preacher Took The Risk Of Going To Evangelize In Pakistan

April 20, 2021
  • About
  • Gossip
  • Advertise
  • News
  • Privacy & Policy
  • Sports
  • Advertisement
  • Contact
Wednesday, April 21, 2021
Dailyexcessive
  • Home
  • Gossip
  • News
  • Entertainment
  • News
    • All
    • Politics
    BREAKING: Lai Mohammed Reveals That President Buhari Refused To Talk About The Alleged Terrorism Scandal Surrounding Dr. Isa Pantami At Wednesday’s FEC Meeting, Despite Calls For His Sack

    BREAKING: Lai Mohammed Reveals That President Buhari Refused To Talk About The Alleged Terrorism Scandal Surrounding Dr. Isa Pantami At Wednesday’s FEC Meeting, Despite Calls For His Sack

    BREAKING: Great Tension, As Heavily Armed Bandits Break Into Nigerian Military Camp In Niger State, Burn Vehicles, Wreak Devastating Havoc, Under New COAS Ibrahim Attahiru’s Watch

    BREAKING: Great Tension, As Heavily Armed Bandits Break Into Nigerian Military Camp In Niger State, Burn Vehicles, Wreak Devastating Havoc, Under New COAS Ibrahim Attahiru’s Watch

    EXCLUSIVE: Big Shame To President Buhari, As Thousands Of Igbos Hide Under The Umbrella Of IPOB/MASSOB To Seek For Asylum And British Passports, To Escape The Hardship Of The APC Government

    EXCLUSIVE: Big Shame To President Buhari, As Thousands Of Igbos Hide Under The Umbrella Of IPOB/MASSOB To Seek For Asylum And British Passports, To Escape The Hardship Of The APC Government

    Breaking: Ada Jesus Is Dead

    Breaking: Ada Jesus Is Dead

    Bill To Establish A National Livestock Bureau Passes Second Reading In The 9th Senate, To Properly Identify, Regulate, And Protect Cows, Under President Muhammadu Buhari’s Watch

    Bill To Establish A National Livestock Bureau Passes Second Reading In The 9th Senate, To Properly Identify, Regulate, And Protect Cows, Under President Muhammadu Buhari’s Watch

    Everybody should get Ready for what is coming in Nigeria Because No one may survive it — Shettima

    Everybody should get Ready for what is coming in Nigeria Because No one may survive it — Shettima

    President Buhari Deeply Shocked And Devastated By The Sudden Death Of The President Of Chad, Idriss Deby, Says His Death Will Make The War Against Boko Haram And ISWAP Very Difficult For Nigeria To Win

    President Buhari Deeply Shocked And Devastated By The Sudden Death Of The President Of Chad, Idriss Deby, Says His Death Will Make The War Against Boko Haram And ISWAP Very Difficult For Nigeria To Win

    APC Challenges Nigerian Youths, Other Critics, To Show Any Other Government In The History Of Nigeria That Has Done Much More Than President Buhari Has Done, And That Has A Direct Link With The Masses

    APC Challenges Nigerian Youths, Other Critics, To Show Any Other Government In The History Of Nigeria That Has Done Much More Than President Buhari Has Done, And That Has A Direct Link With The Masses

    Governor David Umahi Takes Drastic Action, Tells Fulani Herdsmen Not To Return Back To Ebonyi State, Until Peace And Calm Returns To The State, Says They Knew About The Planned Attacks In The South-East Region

    Governor David Umahi Takes Drastic Action, Tells Fulani Herdsmen Not To Return Back To Ebonyi State, Until Peace And Calm Returns To The State, Says They Knew About The Planned Attacks In The South-East Region

    BREAKING: Asylum to IPOB, MASSOB members, sabotage, disrespect for Nigeria – FG attacks UK

    BREAKING: Asylum to IPOB, MASSOB members, sabotage, disrespect for Nigeria – FG attacks UK

    Trending Tags

    • Donald Trump
    • Future of News
    • Climate Change
    • Market Stories
    • Election Results
    • Flat Earth
  • Sports
No Result
View All Result
Dailyexcessive
No Result
View All Result
Home News

Institute of Taxation inducts 586 new members

by peter
November 23, 2019
in News
0
492
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

The Chartered Institute of Taxation of Nigeria, CITN, on Saturday inducted 586 new members as certified chartered practitioners in the field of taxation.

President of CITN, Gladys Simplice, said at the 41st induction ceremony of the institute in Lagos that the exercise was a mechanism to grow the tax administration system of the country.

According to her, the induction signifies commitment on the part of the inductees to become ambassadors of the profession at all times.

She, therefore, urged the inductees to uphold the principles and integrity of the profession in their service to the society.

Mrs Simplice said the inductees should contribute their quota to the move toward ensuring effective and efficient tax administration system in Nigeria.

“The induction programme provides the opportunity to formally certify tax professionals who have met the requirements to practice as chartered tax administrators.

“As a chartered tax professional, avail yourself with opportunities of seminars and workshops to constantly be updated with new developments and methodologies in the profession.

“Overall, our primary purpose is to maintain the sanctity of the taxation profession to the extent that knowledgeable, skilled and qualified professionals are available in Nigeria,” she said.

Mrs Simplice listed some of the Institute’s recommendations that could be adopted to address identified issues in the 2020 Federal Government Budget.

According to her, there is potential for government to increase productivity by investing in education with emphasis on quality and quantity as a way of driving the 2020 budget.

She said: “More than ever before, there is a compelling need to reinvigorate our enlightenment and education mechanisms. The National Orientation Agency, NOA, must wake up to its statutory responsibilities.

“A concerted plan of action is required to change the narrative of poor tax awareness by the citizens”.
According to her, at the government level, it is important that tax policy initiatives and reviews in tax laws are well thought-out and followed through.

Mrs Simplice added that government should avoid the propensity to introduce earmarked taxes with the intention of raising revenues while neglecting the impact such action would have on businesses and economic activities.

“As the Federal Government has announced the increase in VAT rate from 5% to 7.5%, the 2019 Finance Bill is seeking legislative backing for the increased rate. Hence, there is need to increase indirect taxation,” Mrs Simplice said.

Udochukwu Ogbonna, a Fellow of CITN, said that tax administrators should maintain professionalism in the course of discharging their mandates.

Mr Ogbonna, who was Special Guest of Honour at the ceremony, said that a tax professional must display honesty, humility and commitment when dealing with clients.

“I enjoin you to go out there and up the scale of taxation practice and administration in Nigeria and globally.

“Taxation practice is not “settlements”. You need to equip yourself technically; be up to date with tax laws, tax jurisprudence as well as global tax practice. You are to be more driven by expanding the frontier of tax knowledge rather than only the pecuniary interest,” he said.

Meanwhile, the Best Overall Graduating Student among the inductees, Olaoluwa Bamidele, stressed the need to create more awareness on taxation system to help widen the tax net in Nigeria.

NAN

Share197Tweet123Share49
peter

peter

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest

Meet The RCCG Pastor Who Has 6 PhD, 4 Masters And 4 First Degrees

May 19, 2020

Let me make it clear, God Created Northerners with Cow brain, we all reason like cows including me — Sultan Abubakar

February 13, 2020

Cell Phones Retrieved From Killed Terrorists Reveals They Are In Contact With With Nigerian Army And Police

April 26, 2020

KogiDecides: Vote buying ongoing in certain areas – Report

6

Why El-Rufai’s committee report on true federalism will split Nigeria – Lawmaker

6

Igbos should not be allowed to rule because they will declare Biafra and Nigeria will crumble – Tunde Ednut

3
BREAKING: Lai Mohammed Reveals That President Buhari Refused To Talk About The Alleged Terrorism Scandal Surrounding Dr. Isa Pantami At Wednesday’s FEC Meeting, Despite Calls For His Sack

BREAKING: Lai Mohammed Reveals That President Buhari Refused To Talk About The Alleged Terrorism Scandal Surrounding Dr. Isa Pantami At Wednesday’s FEC Meeting, Despite Calls For His Sack

April 21, 2021
BREAKING: Great Tension, As Heavily Armed Bandits Break Into Nigerian Military Camp In Niger State, Burn Vehicles, Wreak Devastating Havoc, Under New COAS Ibrahim Attahiru’s Watch

BREAKING: Great Tension, As Heavily Armed Bandits Break Into Nigerian Military Camp In Niger State, Burn Vehicles, Wreak Devastating Havoc, Under New COAS Ibrahim Attahiru’s Watch

April 21, 2021
EXCLUSIVE: Big Shame To President Buhari, As Thousands Of Igbos Hide Under The Umbrella Of IPOB/MASSOB To Seek For Asylum And British Passports, To Escape The Hardship Of The APC Government

EXCLUSIVE: Big Shame To President Buhari, As Thousands Of Igbos Hide Under The Umbrella Of IPOB/MASSOB To Seek For Asylum And British Passports, To Escape The Hardship Of The APC Government

April 21, 2021
Dailyexcessive

Copyright © Dailyexcessive.com Created and Hosted by @trustdee

Navigate Site

  • About
  • Gossip
  • Advertise
  • News
  • Privacy & Policy
  • Sports
  • Advertisement
  • Contact

Follow Us

No Result
View All Result
  • Home
  • Gossip
  • News
    • Politics
  • News
  • Entertainment
  • Educative
  • Entertainment
    • Gaming
    • Sports
  • Sports
  • Advertisement

Copyright © Dailyexcessive.com Created and Hosted by @trustdee

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In