The largest seizure from a single delinquent taxpayer was worth around KRW 12.5 billion, or about USD 8.8 million.
September 28, 2022Sri Lanka's official exchange rate has been effectively pegged to the USD since April 2021. The IMF called for a return to a market-determined and flexible exchange rate.
March 11, 2022The move is aimed at preventing an accounting practice the Finance Ministry says banks use to hide profits and dodge taxes and dividends.
October 3, 2019China's banking and securities associations have announced plans to cut fees for their members, as called for by the government, to help boost the flagging economy.
February 27, 2019