KPMG, a global network of professional services firms, says there are “errors, inconsistencies, gaps, omissions, and lacunae” in the new tax laws that require urgent reconsideration.
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India has become the fourth-largest economy in the world, in terms of nominal GDP, surpassing Japan. According to IMF estimates for 2025, India’s GDP is projected to be about $4.187 trillion, while Japan’s GDP is approximately $4.186 trillion.
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Nigeria must rethink taxation if it is serious about economic growth, national unity, and shared prosperity.
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