About applying it, it is simple. In the Excel file, choose where you want the truncated number to appear. Double click on the cell to edit, the value, and then type = Trunc(C4, 2). C4 is a cell on ...

The National Board of Revenue (NBR) is likely to phase out truncated or reduced rates of value added tax (VAT) way before the VAT and Supplementary Duty Act 2012 comes into effect, officials said ...