revenue bills Archives - Wontumi Online

11 Apr

Conduct Extensive Assessment Before Introducing Taxes – Tax Expert To Government

wontumionlineBusinessrevenue bills, Tax

A Senior Tax Partner at PwC, Abeku Gyan-Quansah has advised government to conduct an extensive impact assessment and incidence analysis before introducing or amending any portion or portions of the country’s tax regime in future. He said such an assessments and analysis, if conducted, should be made known, to inform and educate public discourse in the advent of the introduction of any new tax. His call was premised on the approval by Parliament of three major tax Acts last week, which is targeted at bolstering domestic revenue. The bills are the Excise Duty and Excise Tax Stamp (Amendment) Bill, 2022,…

04 Apr

Organised Labour To Negotiate Salary Increment Amid New Revenue Bills

wontumionlineBusinessrevenue bills, Salary increment

Organised labour has served notice the current standard of living will be central in salary negotiations this year. Deputy Secretary General of the Ghana Trades Union Congress (TUC) Joshua Ansah says factors such as inflation, taxes, cost of living, among others, will be highly considered when negotiations for working conditions begin in order to cushion the Ghanaian worker. Speaking to TV3‘s Daniel Opoku in an interview on Monday, April 3, Mr Ansah expressed disappointment at the current government in introducing more taxes in the face of current economic conditions. He said the TUC will keenly monitor what the taxes to accrue from the…

03 Apr

The Motive Of The Newly Passed Bills Is To Aid Better The Economy- Adenta Kumi

wontumionlineFeatured, News, TrendingAlfred Adenta Kumi, imf, Movement In The Morning, revenue bills

Communication team member for the New Patriotic Party, Alfred Adenta Kumi, says the recently passed bills is to help improve the current state of the economy. Speaking in an interview with Kwaku Dawuro, on Movement In The Morning, on Movement TV/Wontumi radio, Adenta Kumi specifically stated that the newly passed bill will ease Ghana's decision in going to the International Monetary Fund (IMF). According to him, successfully completing the IMF process with the aid of the new bills which will generate revenue, will enable the stability and betterment of the economy. He asserted that ''Dawuro, what i want to say…

03 Apr

Passage Of Revenue Bills: We Look To Conclusion Of Financing Assurances From External Stakeholders – Oppong Nkrumah

wontumionlineBusinessKojo oppong nkrumah, revenue bills

Information Minister Kojo Oppong Nkrumah has commended Parliament for approving the three revenue bills. he said following the passage, the government looks to the conclusion of financing assurances from the external stakeholders regarding the deadly it is seeking to close with the International Monetary Fund (IMF). In a tweet, the Ofoase Ayirebi lawmaker said “Commendations to@parliament_gh for doing its part last night. We look to the conclusion of financing assurances from the external stakeholders so we can lock down the IMF board approval for the B.O.P. Support programme.” https://twitter.com/konkrumah/status/1642090299672387586?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1642090299672387586%7Ctwgr%5Ee0546cab5da426756b7269ba0f6d7153d683af8d%7Ctwcon%5Es1_&ref_url=https%3A%2F%2F3news.com%2Fpassage-of-revenue-bills-we-look-to-conclusion-of-financing-assurances-from-external-stakeholders-oppong-nkrumah%2F Parliament by 137-136 majority decision passed the three revenue bills on Friday, March…

01 Apr

Revenue Bills Passage: I Did Nothing Untoward By Adding Votes Of Incapacitated MPs – Bagbin

wontumionlineNewsParliament, revenue bills, Speaker of parliament

Speaker Alban Bagbin has said he did no wrong by allowing the votes of incapacitated MPs to be counted among the ballots cast in parliament on Friday, 31 March 2023 on some three critical revenue bills. The MP for Nanton, Mr Mohammed Hardi Tuferu, was involved in an accident on his way to parliament to cast his vote. The Speaker had leaders of both sides of the house ascertain the MP’s situation when he was driven to the legislature in an ambulance. After the voting, Mr Bagbin explained: “Members who are incapacitated shall, upon reporting their…

29 Mar

Let’s Work Together To Pass Revenue Bills – Oppong Nkrumah Tells Minority

wontumionlineBusinessKojo oppong nkrumah, revenue bills

Information Minister Kojo Oppong Nkrumah has told the Minority in Parliament to work with the Majority to pass the three revenue bills that are currently before the House. They are the Income Tax Amendment Bill, Excise Duty Amendment Bill, and Growth and Sustainability Amendment Bill. The government is seeking to pass these bills to generate approximately GH¢4 billion per year to supplement domestic revenue. Mr Oppong Nkrumah who is also a Member of Parliament for Ofoase Ayirebi told journalists in an interview on Tuesday, March 28 that “To our colleagues in the Minority, I think it is clear that we need…