tax
-
National
Govt earning big from fish maw exports, says URA
KAMPALA, December 1, 2023 – The Uganda Revenue Authority [URA] has reported a significant increase in tax revenue from fish maw exports since the introduction of an eight percent export levy under…
Read More » -
National
Among asks minister to present report on PWDs’ land grabbing allegations
KAMPALA, November 16, 2023 – The Speaker of Parliament, Anita Among has directed the Minister of Gender Labour and Social Development, Betty Amongi, to present a detailed report on land owned by…
Read More » -
Eastern
Mbale Industrial Park to create more 10,000 jobs
MBALE, October 5, 2023 – Sino Uganda- Mbale Industrial Park intends to create more than 10,000 jobs, according to its chairperson, Paul Zhang. Established on 619 acres in Mbale City by Tian…
Read More » -
International
Global minimum tax to hit French farm cooperatives
PARIS, October 5, 2023 – The global minimum corporate tax will hit big farm cooperatives in France. Presenting the 2024 budget bill recently, Finance Minister Bruno Le Maire revealed that the cooperatives…
Read More » -
National
MPs summon Kampala lawyer over Shs 39bln tea farmers’ compensation
KAMPALA – Parliament’s Committee on Commissions, Statutory Authorities and State Enterprises [COSASE] has summoned lawyer Patrick Kiconco Katabaazi, a partner with Pathways Advocates over failure to account for Shs 39 billion meant…
Read More » -
Eastern
URA launches e-receipt tax campaign in Mbale City
MBALE – The Uganda Revenue Authority [URA] has launched the electronic fiscal receipting and invoicing solution [EFRIS] to ease tax collection. EFRIS is an automated compliance process established by the URA which…
Read More » -
Northern
URA commends Lango Sub-region for increased tax revenue in 2023
LIRA – The Uganda Revenue Authority [URA] has lauded taxpayers in Lango Sub-region for the growth in the revenue collection attained so far in the year 2023. This pronouncement was made during…
Read More » -
Finance & Banking
MPs pass bill to kick start Islamic Banking in Uganda
KAMPALA – The enactment of the Income Tax Amendment Bill No.2 of 2023 has cleared all legal roadblocks to the commencement of Islamic banking products in Uganda. Parliament on Tuesday, 27 June…
Read More » -
News
Tax revenue collection: Soroti City authorities in dilemma as tenderers underperform
SOROTI – Soroti City is losing over Shs 100mln monthly as a result of noncompliance among the tenderers and businesses that evade paying taxes, forcing authorities to think of what to do…
Read More » -
News
Mbarara City approves Shs 67.7bln budget for next financial year
MBARARA – Mbarara City councillors have passed a draft budget of Shs 67.7 billion for the next financial year 2023/2024 which kicks off on July 1, 2023. John Kavigi, the chairperson social…
Read More »