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The Chartered Institute of Taxation of Nigeria (CITN) is a professional organization in Nigeria whose members are certified as qualified tax practitioners or administrators. [ 1 ] Organization
Statutorily and administratively, the FIRS has the responsibility for the assessment, collection and accounting of taxes to the Government: [9] The timely provision and publication of accurate data and annual reports to the Federal Government of Nigeria and other stakeholders to inform national economic planning, academic research, tax policy and development legislation [10]
He said that the Nigerian Accounting Standards Board (NASB) Act 2003 said that only the board could set standards for the accounting profession. [20] In June 2010 Mr. Godson Nnadi, Executive Secretary of Nigeria Accounting Standards Board, spoke in favor of a new body to set accounting and auditing standards for Nigeria and other African nations.
Remita is a financial services platform owned by SystemSpecs, a financial services company headquartered in Lagos, Nigeria. It has served as the gateway for the treasury single account of the Nigerian government since 2012. [1] [2]
The Institute of Chartered Accountants of Nigeria (ICAN) is a professional accountancy body in Nigeria. It is one of the two professional accountancy associations with regulatory authority in Nigeria, the other being the Association of National Accountants of Nigeria (ANAN). [1] The relationship between the two organizations has been tense.
A senior civil servant acts as Permanent Secretary of the minister, assisting the politically appointed Minister of Finance, who is a member of the President's cabinet.. The Federal Ministry of Finance is led by the Honourable Minister of Finance and Coordinating Minister of the Economy, who serves as the chief executive officer.
The Chartered Institute of Administration (CIA) is a Nigerian professional body established in 1987 that regulates training and practice of Administration in the public and private sectors. The CIA was chartered by Act No 103, No. 76 Vol. 79 of 31 December 1992. [1]
Profession tax is the tax levied and collected by the state governments in India. It is a direct tax. A person earning an income from salary or anyone practicing a profession such as chartered accountant, company secretary, cost accountant, Software Engineer, lawyer, doctor etc. are required to pay this professional tax.