https://www.taxtmi.com/news?id=41867 The government abandoned a proposed VAT increase after consultations and parliamentary committee recommendations following pushback from coalition partners, opposition parties and civil society; the Treasury had sought additional revenue but said estimates would fall short by around USD 4 billion, and the Democratic Alliance both voted against the budget and mounted a legal challenge characterising the withdrawal as protective of vulnerable groups. en-us Thu, 24 Apr 2025 15:46:03 +0530 Thu, 24 Apr 2025 15:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=41867 The government abandoned a proposed VAT increase after consultations and parliamentary committee recommendations following pushback from coalition partners, opposition parties and civil society; the Treasury had sought additional revenue but said estimates would fall short by around USD 4 billion, and the Democratic Alliance both voted against the budget and mounted a legal challenge characterising the withdrawal as protective of vulnerable groups. News - Thu, 24 Apr 2025 15:46:03 +0530 https://www.taxtmi.com/news?id=41867