State Minister for Finance David Bahati says that up to 4.3 trillion Shillings will come from domestic borrowing, while 2.2 trillion will be borrowed from the International Monetary Fund (IMF). MPs have however said that Government needs to reduce domestic borrowing to at least two trillion Shillings.
Under the new Tax Procedures Code Amendment Bill, the government sought to defer payment of income tax for companies and other persons involved in the business of manufacturing, tourism and floriculture, whose turnover is less than 500 million Shillings. It also sought to defer payment of tax on employment income and waive interest on tax arrears.
The funding will also cater for additional budgets for Kampala Capital City Authority, Uganda Revenue Authority, Uganda Prisons Service, National Medical Stores, National Agricultural Advisory Services, Director of Public Prosecutions, National Animal Genetic Resources Centre, Electoral Commission, as well as various central government and local government votes.
Our continued hostilities against each other, exhibiting and fighting for supremacy in opposition only aids president Museveni's early victory in 2021.
Pastor Steven and Julie were married for quite a long time and they had three children together but their marriage failed to work out before officially getting divorced in 2016.
The judicial review guidelines or rules equally provide for locus standi and this would have been the threshold before the applicants would seek to challenge actions of a party. It is an abuse of court process,”Ssekaana ruled.
For now, members can only be able to submit their NSSF contributions at an initial 300 dfcu agent locations. In the near future, the agents will provide other NSSF services like employer and individual or employee registrations.
Externalization of Labour was, until the spread of Covid-19 across the globe, one of the fastest growing sectors and was providing employment opportunities to thousands of Ugandans across the Middle East and other parts of the world.
