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crushed stone rate lagos state mogadishu

May 10, 2021 TAX OBLIGATIONS OF NGOs; PERSONAL INCOME TAX . The circular reiterates that the profits of an NGO from approved activities except profits derived from a trade or business carried on by the NGO are exempt from PIT in line with the provisions of Section 19(1) and Paragraph 13 of the Third Schedule to the PITA.. However, the income earned by individual promoters and all employees …

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