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Breaking News: Finance Bill 2025 - Digital Service Tax Cut in Half, Says John Mbadi

2025-05-07
Breaking News: Finance Bill 2025 - Digital Service Tax Cut in Half, Says John Mbadi
Tuko News

In a move set to boost the economy, John Mbadi has unveiled a major reduction in the Digital Service Tax as part of the Finance Bill 2025, cutting it by a significant 50%. This landmark decision is expected to bring substantial relief to businesses operating in the digital space, potentially stimulating growth and investment. The reduction in digital tax is a welcome development for companies providing digital services, as it will help reduce their operational costs and enhance their competitiveness in the market. With this cut, businesses can now allocate more resources to innovation and expansion, which could lead to job creation and economic prosperity. As the digital economy continues to grow, this move is seen as a step in the right direction, aligning with global trends in digital taxation and economic development. Popular terms like digital service tax, finance bill, and economic growth are likely to be impacted by this decision.

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