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2014/2015 BUDGET: Govt raises investment capital for foreigners

>The government has increased the amount of capital for foreign strategic investors from Sh32 billion ($20 million) to Sh80 billion ($50 million) in order to enable the government to allow tax exemption to essential investors who contribute to the development of the country’s economy.

TheCitizen

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Habari Zinazoendana

11 years ago

TheCitizen

Let govt respect other views on 2014/15 budget

The 2014/15 budget was passed recently despite the fact that the majority of opposition party members dissented.

 

11 years ago

TheCitizen

Sh19.6 trillion govt Budget for 2014/15

The government is proposing to spend Sh19.6 trillion in the 2014/15 financial year, which would be an increase of Sh1.4 trillion over the just-ending year’s Budget. The 2013/14 Budget stood at Sh18.2 trillion.

 

11 years ago

TheCitizen

Govt uncertain on 2014/15 Budget sitting kick-off date

Prime Minister Mizengo Pinda said on Wednesday that there are uncertainties on the actual time to start debating the country’s 2014/15 budget even in government quarters, noting however, that all he wants is to see the CA being given enough time.

 

11 years ago

TheCitizen

MPs, govt clashes anticipated as 2014/15 Bunge Budget opens today

Parliament sets the 2014/15 Budget sessions rolling today amid signs that MPs will be spoiling for clashes with ministers over the limited funding of development projects in the just-ended financial year.

 

11 years ago

TheCitizen

2014/2015 BUDGET: No more tax exemptions

>Finance minister Saada Mkuya yesterday tabled a budget that seeks to rein in lavish spending as it abolishes expensive tax exemptions. But even though the government promised to reduce the cost of living, the budget presented yesterday did not demonstrate clearly how the man on the street would get relief when it comes to daily household expenses.

 

11 years ago

TheCitizen

2014/2015 BUDGET: Measures announced to contain extravagance

>The government is to introduce tighter controls on public expenditure as it seeks to increase financial discipline among public officials amid dwindling revenue collections.

 

11 years ago

TheCitizen

2014/2015 BUDGET: 15pc duty on imported cement

>The government has decided to remove tax exemption on imported furniture and introduce duties of 15 per cent on cement imports in a bid to protect local industries in the 2014/15 financial year.

 

11 years ago

TheCitizen

2014/2015 BUDGET: As usual, be prepared to pay more for beer, wine

>The government will continue imposing heavy taxes on  normal products such as cigarettes, beer, wine and soft drinks as usual in a bid to boost the Sh19.5 trillion 2014/2015 budget.

 

11 years ago

TheCitizen

2014/2015 BUDGET: Old vehicles now on focus in TZ climate change war

>The national budget unveiled in Parliament yesterday remained largely silent on how the government was going to tackle climate change.

 

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