|
Fiji’s 2009 Budget set at $1.75 billion
The interim Government has announced that its total estimated budget for 2009 is $1.75 billion ... more
Govt loses millions through concessions
The State loses $170 million to $180 million annually as an impact of tax holidays, it was revealed today. ... more
Too many incentives in Budget: Chaudhry
Fiji’s former interim Finance Minister Mahendra Chaudhry says large bundle of concessions in the 2009 Budget will give rise to widening deficits. ... more
Income tax remains, company tax down
People earning less than $15000 a year will continue to be exempted from income tax until 2010, the acting interim Finance Minister ... more
Budget tax policies target foreigners
Under the interim Government’s 2009 Budget tax policies Fiji will be open to foreigners to stay here as long as possible on a multiple entry social pass ... more
Fiji interim Govt allows dual residency
Former Fiji citizens will now be entitled to obtain permanent residency status come 2009 ... more
Fiji PM announces tax free zones
Economically depressed northern and maritime island regions have been declared tax free zones to encourage investment ... more
Interim PM announces tourism incentives
The interim Government has announced that a new incentive package for the tourism industry, to replace the existing short-lived investment package ... more
Infrastructure gets ‘very high priority’
Upgrading of roads, water supply and other infrastructure developments have been given top priority in the 2009 Budget announced today ... more
Army, police budget allocations increase
The Fiji Military Forces have been allocated $96.8 million for next year’s budget. ... more
Chiefs’ forum delayed until Iloilo returns
The planned meeting between Fiji’s traditional leaders and the interim Government has been postponed to accommodate President Ratu Josefa Iloilo who will travel to Australia on Monday ... more
Tax incentives to boost Agriculture
Ten-year tax holidays will be granted to new projects by companies undertaking commercial agriculture farming and agro processing ... more
Duty on chicken, mobile phones up
Fiscal duty on chicken, chicken products and mobile phones will be increased from 15 to 32 per cent from next year ... more
Capital market regulator hails budget
Unit trust investors can breathe a sigh of relief with the reinstatement of the tax exemptions on dividends for unit trust investments. ... more
2009 Budget will fail: Qarase
Ousted Fiji Prime Minister Laisenia Qarase has predicted that the 2009 Budget announced today will fail. ... more

More News Headlines... |