• Home
  • About
  • Join Us
  • Contact
93.3 KFM
  • Home
  • HotSeat
  • News
    • Business
    • Health
    • Sports
    • Lifestyle
  • Events
  • Contact Us
  • Promotions
  • Presenters
  • PHOTO GALLERY
No Result
View All Result
  • Home
  • HotSeat
  • News
    • Business
    • Health
    • Sports
    • Lifestyle
  • Events
  • Contact Us
  • Promotions
  • Presenters
  • PHOTO GALLERY
Subscribe
No Result
View All Result
93.3 KFM
No Result
View All Result
Home News National News

Excise duty amendment bill to be tabled today

David Kugonza by David Kugonza
July 19, 2018
in National News, News
0
Excise duty amendment bill to be tabled today
6
VIEWS
Share on FacebookShare on Twitter

By  Samuel  Ssebuliba.

The ministry of finance is today set to table a revised Excise Duty (amendment)Bill 2018 that is intended to effect a reduction of tax on mobile money transactions from 1% to 0.5%.

Related articles

New survey report calls for better teacher-work environment

LOP tips Trinidad and Tobago MPs on legislation

This shift followed public outrage that forced the president to disown the 1% tax on all mobile money transactions saying it was passed in error and later cabinet agreed to reduce it to 0.5%, pending parliamentary approval.

This, according to the president’s proposal, will only apply to withdrawals and not deposits.

The State Minister of Finance in charge of planning David Bahati said earlier that government expects to collect Shs 118 billion in revenue from the new charge. Shs2bn has so far been collected since the tax came into effect on July 1st.

Meanwhile the NRM caucus yesterday endorsed the president’s proposal on Mobile Money tax and agreed to maintain the Shs200 daily on social media despite a flurry of criticism from various circles.

David Kugonza

David Kugonza

Related Posts

Nabbanja directs CAOs to delete striking teachers from payroll

New survey report calls for better teacher-work environment

by Noelyn Nassuuna
June 28, 2022
0

By Juliet Nalwooga A team of researchers from the University of Notre Dame, Luigi Giussani Institute of Higher Education, and Save The Children International-Uganda have called...

LOP asks Owiny Dollo to withdraw tribal remarks

LOP tips Trinidad and Tobago MPs on legislation

by Noelyn Nassuuna
June 28, 2022
0

By Ritah Kemigisa The Leader of the Opposition in Parliament, Mathias Mpuuga has advised Members of the Parliament of Trinidad and Tobago to exercise caution when...

Learners found sharing dormitories with goats in Kasese School

Learners found sharing dormitories with goats in Kasese School

by Noelyn Nassuuna
June 28, 2022
0

By Joel Kaguta Education authorities in Kasese Municipality have closed two dormitory facilities of two schools in Nyamwamba Division for operating illegally and in condemned buildings....

Hospitals detect high prevalence of diabetes among people with normal weight

Hospitals detect high prevalence of diabetes among people with normal weight

by Noelyn Nassuuna
June 28, 2022
0

  BY TONNY ABET A new report has shown a high prevalence of diabetes among lean people, contrary to the conventional picture that links the disease...

KCCA decries budget reduction for  2022-2023

KCCA to set up Parish Development Model training center  

by Noelyn Nassuuna
June 28, 2022
0

  By Prossy Kisakye The Executive Director of Kampala Capital City Authority, Dorothy Kisaka has announced that the authority is to set up a Parish Development Model (PDM)...

Next Post
IGP stops a peaceful demonstration by women over murders and kidnaps

Uganda is safe- IGP Ochola

Uganda Airlines orders two A330neo

Uganda Airlines orders two A330neo

M7 to be honoured with peace award for promoting peace in the world

M7 to be honoured with peace award for promoting peace in the world

CATEGORIES

  • Business
  • Entertainment News
  • Health
  • HotSeat
  • Lifestyle
  • National News
  • News
  • PHOTO GALLERY
  • Sports
  • World News
Nabbanja directs CAOs to delete striking teachers from payroll

New survey report calls for better teacher-work environment

June 28, 2022
LOP asks Owiny Dollo to withdraw tribal remarks

LOP tips Trinidad and Tobago MPs on legislation

June 28, 2022
Learners found sharing dormitories with goats in Kasese School

Learners found sharing dormitories with goats in Kasese School

June 28, 2022
93.3 KFM

Kampala's #NumberOne radio station for better information and the best music ! KFM is a subsidiary of Nation Media Group;
@NationMediaGrp

© 2021.

No Result
View All Result
  • Home
  • HotSeat
  • News
    • Business
    • Health
    • Sports
    • Lifestyle
  • Events
  • Contact Us
  • Promotions
  • Presenters

© 2021.