Trade body seeks streamlining on duties for double-cab trucks

The Myanmar Automobile Manufacturers and Distributors Association (MAMDA) has requested Vice President U Myint Swe to classify double cab trucks as commercial vehicles and levy a single tax on the category of vehicles. The MAMDA made the request during a regular meeting between Private Sector Development Committee led by the vice president and private enterprises […]

Govt collects more tax than expected

The government collected more tax revenue than expected during the six-month interim period between April and September last year, U Maung Maung Win, deputy minister for the Ministry of Planning and Finance (MOPF) explained during a Union Hluttaw session on January 21. A total of K3.4 trillion was collected compared to the K2.8 trillion projected […]