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Nairaland Forum / Nairaland / General / Politics / Why The N50 Charge By Fg Is Corruption In Itself (45145 Views)
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Re: Why The N50 Charge By Fg Is Corruption In Itself by DropShot: 2:25pm On Jan 20, 2016 |
OP, you goofed big time. The Stamp Act has been in existence since 2004 but not enforced. FG's revenue has seriously declined and the govt is right to enforce all "enforceables" at this critical time. Also, the CBN account for the collection is the "collector" for such charges from where it will go into TSA. Again, the charge is for receiving account from a 3rd party. Not even from your account in one bank to your other account in another bank. Patriotic citizens will not attempt to fault this step. 10 Likes 2 Shares |
Re: Why The N50 Charge By Fg Is Corruption In Itself by frankyychiji(f): 2:51pm On Jan 20, 2016 |
Super1Star:Ok. So i will be made to pay #50 for every 1k i deposit in the bank despite paying my income tax and vat on items. Hmmmm...this policy should have been expunged from wherever it contained, its anti-people. 9 Likes |
Re: Why The N50 Charge By Fg Is Corruption In Itself by obasiken: 3:22pm On Jan 20, 2016 |
Tokt: I have now confirmed that you are a kid. Exchanging words with you is a waste of time. Go and dance naked with a bell tied around your waist in the market square like lai mohammmed yur mentor. 20 Likes 1 Share |
Re: Why The N50 Charge By Fg Is Corruption In Itself by Remii(m): 3:46pm On Jan 20, 2016 |
frankyychiji:revenue will be paid into nipost tsa account, its stamp sales, the only thing be say nipost go collect money without selling stamps, lol |
Re: Why The N50 Charge By Fg Is Corruption In Itself by grafikii: 4:01pm On Jan 20, 2016 |
Nairaland here is another trash for the front page. 1 Like |
Re: Why The N50 Charge By Fg Is Corruption In Itself by iamodenigbo1(m): 4:11pm On Jan 20, 2016 |
This change go kill person ooo 13 Likes |
Re: Why The N50 Charge By Fg Is Corruption In Itself by byteem: 4:24pm On Jan 20, 2016 |
DropShot: SHAARAAP.. OW MUCH DID THEY PAY YOU TO CONVINCE US.. SO GOVT DOES NOT NEED TO CONSULT US BEFORE THEY START TO SLASH OUR MONEY ABI..AM SURE THIS IS JUST THE BEGINNING.. AM CERTAIN THEY HAVE MORE SINISTER PLANS AHEAD.. THE ANNOYING THING IS THE WAY THEY GO ABOUT THEIR IMPLEMENTATIONS.. NO MEDIA AWARENESS NO NATIONAL ASSEMBLY APPROVALS NOTHING.. IS THIS MILITARY REGIME .. DONT WE DESERVE A SAY ON HOW WE ARE GOVERNED ... BUHARI IS A PRESIDENT NOT A RULER.. THIS IS A DEMOCRACY.. THEY SHOULD START BY SLASHING THEIR ALLOWANCES AND BENEFITS....OOK SO THIS IS HOW THEY WANT TO FUND THE 5000 STIPEND PAYMENT ... HHEEDIOTSS 21 Likes 1 Share |
Re: Why The N50 Charge By Fg Is Corruption In Itself by byteem: 4:29pm On Jan 20, 2016 |
Proudlyngwa: WELL SAID .. NOT TO EVEN THINK THAT THE PROFIT ON THAT TRANSACTION IS EVEN 50 NAIRA... SO WHO BEARS THE END BURDEN .. EVERTHING ON SHELF WILL INCREASE BY FIFTY BOX.. OR EVEN MORE... TRUST SHOP RITE THEY'L ADJUST IMMEDIATE WITH PRICES. SO YOU TAKE FROM MY ACCOUNT WHEN AM PAID .. AND THEN I PAY AGAIN WHEN MAKING A PURCHASE DUE TO INCREASED PRICES... AND THEY SAID JONA WAS CLUELESS .. THIS GOVT IS THE REAL DEFINITION OF CLUELESS .. YES ADD CONFUSED TO THE EQUATION TOO 21 Likes |
Re: Why The N50 Charge By Fg Is Corruption In Itself by Tokt: 4:37pm On Jan 20, 2016 |
gcof: Wont it be better for u to investigate and find out who first brought his wretched family to a NL discussion instead of poking ur nose to little or nothing u know nothing about? |
Re: Why The N50 Charge By Fg Is Corruption In Itself by banki(m): 4:43pm On Jan 20, 2016 |
Proudlyngwa: Sometimes it's ok to read well This is not a new law it has always been there we just didn't implement it! Now it's going to be implemented, 1 Like |
Re: Why The N50 Charge By Fg Is Corruption In Itself by Tokt: 4:53pm On Jan 20, 2016 |
frankyychiji: U are wrong. Please go back and read it up. Ur ignorance is glaring. |
Re: Why The N50 Charge By Fg Is Corruption In Itself by Proudlyngwa(m): 5:02pm On Jan 20, 2016 |
banki: If you had read my post well,you wouldn't have missed the word REVIEW, This is a law from last administration: yes, about to be implemented by this administration, It should have been reviewed or scrapped, because it is not people oriented and for now makes no sense. FYI am pro this admin. 2 Likes |
Re: Why The N50 Charge By Fg Is Corruption In Itself by Super1Star: 5:04pm On Jan 20, 2016 |
frankyychiji: It is not every 1k but every deposit above 1k. If you deposit 1million you will be charged 50naira. If you deposit 1k 10times, you will charged 50naira 10times too. |
Re: Why The N50 Charge By Fg Is Corruption In Itself by fotadmowmend(m): 5:12pm On Jan 20, 2016 |
Tokt:some people would not see nor think. Is there anywhere in the world that government charges bank customers for using banks ? I am of the opinion that banks shoulddd be charged and not customers 9 Likes |
Re: Why The N50 Charge By Fg Is Corruption In Itself by SLIDEwaxie(m): 5:16pm On Jan 20, 2016 |
Yorubago:pls, dnt be daft: did u even understand what implementation is? 1 Like |
Re: Why The N50 Charge By Fg Is Corruption In Itself by SLIDEwaxie(m): 5:17pm On Jan 20, 2016 |
obasiken:and so fucking wot? From it posts, u probably haven't travelled to any organized country. You must pay taxes. What's the biggie? 1 Like 1 Share |
Re: Why The N50 Charge By Fg Is Corruption In Itself by DropShot: 5:44pm On Jan 20, 2016 |
byteem:Lalasticlala Mynd44 Seun, is this not a violation of rule 2? |
Re: Why The N50 Charge By Fg Is Corruption In Itself by gcof(m): 5:50pm On Jan 20, 2016 |
Tokt:ok thank you sir |
Re: Why The N50 Charge By Fg Is Corruption In Itself by spenca: 5:55pm On Jan 20, 2016 |
MR I have read the 1800 pages , reading is different from understanding , just for you to know that Acts has been in exaistence before MKO Abiola contested and won the presidency what has simply being done was enforcement of the law by FIRS. Now what I want to hear you say is Babatunde Fowler is working. 1 Like |
Re: Why The N50 Charge By Fg Is Corruption In Itself by IVORY2009(m): 6:03pm On Jan 20, 2016 |
Tokt: Tokunbo; discuss and reason with dem... 7 Likes |
Re: Why The N50 Charge By Fg Is Corruption In Itself by frankyychiji(f): 6:56pm On Jan 20, 2016 |
Tokt:Super1star is already enlightening me. You can check our conversation and add yours where he missed it. 1 Like |
Re: Why The N50 Charge By Fg Is Corruption In Itself by Pidggin(f): 6:59pm On Jan 20, 2016 |
easrael: 1000 likes 7 Likes 1 Share |
Re: Why The N50 Charge By Fg Is Corruption In Itself by Pidggin(f): 7:06pm On Jan 20, 2016 |
Tokt: Who forced them to implement it? I don't mind borrowing them money through T-bills and purchase of bonds, they do not need to rob me or anyone else by demanding i pay them for my bank transactions 7 Likes |
Re: Why The N50 Charge By Fg Is Corruption In Itself by lomprico(m): 7:10pm On Jan 20, 2016 |
Tokt:Bros! So the best way to depend less on crude is to take 50 naira from that mama that saves 1000 naira every week from the akara she sells to send her son to school? So its ok for the govt to take 50 naira from every bank customer whenever they transact just to maintain their extravagant lifestyle? Because oil money aint bringing much cash again. So instead of the govt to look into human resource development, agriculture, other mineral resources the prefer to rob the masses? An one fool is busy spending billions to explore the so called oil that we are trying to diversify from in a desert. I really dont know what to call you! 18 Likes 1 Share |
Re: Why The N50 Charge By Fg Is Corruption In Itself by Eboh4z: 9:21pm On Jan 20, 2016 |
In Fela's vioce, Authority stealing pass Arm robbery........ 6 Likes 1 Share |
Re: Why The N50 Charge By Fg Is Corruption In Itself by Jediel1(m): 9:24pm On Jan 20, 2016 |
kai this is stealing in broad daylight 5 Likes |
Re: Why The N50 Charge By Fg Is Corruption In Itself by Nobody: 9:24pm On Jan 20, 2016 |
I will never support this 2 Likes |
Re: Why The N50 Charge By Fg Is Corruption In Itself by adioolayi(m): 9:26pm On Jan 20, 2016 |
Nairalanders sha! Financial transaction tax A financial transaction tax is a levy placed on a specific type of monetary transaction for a particular purpose. The concept has been most commonly associated with the financial sector ; it is not usually considered to include consumption taxes paid by consumers. [1] A transaction tax is not a levy on financial institutions per se; rather, it is charged only on the specific transactions that are designated as taxable. So if an institution never carries out the taxable transaction, then it will never be subject to the transaction tax. [2] Furthermore, if an institution carries out only one such transaction, then it will only be taxed for that one transaction. As such, this tax is neither a financial activities tax (FAT) , nor a Financial stability contribution (FSC), or "Bank tax", [3] for example. This clarification is important in discussions about using a financial transaction tax as a tool to selectively discourage excessive speculation without discouraging any other activity (as John Maynard Keynes originally envisioned it in 1936). [4] For those who cares to know more about this development... read more here : https://en.m.wikipedia.org/wiki/Financial_transaction_tax |
Re: Why The N50 Charge By Fg Is Corruption In Itself by allthingsgood: 9:27pm On Jan 20, 2016 |
[s] easrael:[/s] What a load of crap! Full of lies and trash First of all, the stamp duties Act states that electronic transaction attract a fee of N50 on transaction. Secondly u just blew a lie by telling us u read a 1800page document that has not even be passed! Smh And some dimwits actually believed |
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