• 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

Finance ministry to introduce new bill to repeal mobile money tax

David Kugonza by David Kugonza
July 5, 2018
in National News, News
0
Controversial tax imposed on mobile money & social media passed
3
VIEWS
Share on FacebookShare on Twitter

BY FRANKLIN DRAKU.

The ministry of finance, planning and economic development is planning to introduce a new bill to repeal the recently passed tax amendment bill that slapped one percent tax on mobile money.

Related articles

AU resounds call for ending gender- based violence

Commonwealth day commemorated with call for unity in face of adversity

The decision follows an uproar from the public about the tax, with many abandoning the mobile money services.

Faced with stiff resistance, president Museveni last evening issued a statement, saying the one percent was a misinformation and that they actual tax should have been 0.5 percent.

The president also said mobile money deposits do not attract taxes and therefore should not be taxed.

On social media tax, the president remained defiant, saying Ugandans who want to always spread false propaganda on social media must pay for it.

Gabriel Aridru, the state minister for finance in charge of general duties said as the ministry responsible, they are drafting a new bill to be sent to the parliament to effect the president’s directive.

Wilfred Niwagaba, the shadow attorney general said the directive from the president shows that government is panicking.

Government had planned to collect between Shs 400b-Shs 1.4 trillion in social media and mobile money taxes.

David Kugonza

David Kugonza

Related Posts

AU resounds call for ending gender- based violence

AU resounds call for ending gender- based violence

by Noelyn Nassuuna
March 8, 2021
0

By Ritah Kemigisa The African Union (AU) commission has called for an end to acts of gender based violence as the world celebrates the International Women’s...

Commonwealth day commemorated with call for unity in face of adversity

Commonwealth day commemorated with call for unity in face of adversity

by Noelyn Nassuuna
March 8, 2021
0

By Benjamin Jumbe The Commonwealth countries are asked to look for solutions to the current global challenges as a bloc and avoid individualism. In her Commonwealth Day...

600 abducted NUP members still missing

600 abducted NUP members still missing

by Noelyn Nassuuna
March 8, 2021
0

Opposition National Unity Platform (NUP) party have said they will continue to force government to account for the rest of their supporters who were arrested by...

Meghan says contemplated suicide, alleges royal racism

Meghan says contemplated suicide, alleges royal racism

by Noelyn Nassuuna
March 8, 2021
0

Prince Harry's wife Meghan Markle on Sunday said she contemplated taking her own life after joining the royal family, and raised allegations of racism in the...

Women in the equality struggle celebrated

Women in the equality struggle celebrated

by Noelyn Nassuuna
March 8, 2021
0

By Ritah Kemigisa As we celebrate international women’s day, the executive director UNAIDS Winnie Byanyima has called for support and celebration of women leading the struggle...

Next Post

Absentee MP's to be ashamed 

President Museveni runs to land commission to save his land

Controversial tax imposed on mobile money & social media passed

Mobile Money dealers protest against mobile money tax

CATEGORIES

  • Business
  • Entertainment News
  • Health
  • HotSeat
  • Lifestyle
  • National News
  • News
  • PHOTO GALLERY
  • Sports
  • World News

RECOMMENDED

EALA Speaker Margret Zziwa
News

EALA members advised against losing focus

November 27, 2014
UPDF say seven soldiers have been charged for assaulting journalists
News

UPDF say seven soldiers have been charged for assaulting journalists

February 18, 2021
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.