Tag Archives: Musasizi

NEWS ANALYSIS | THE INDEPENDENT | Uganda’s Sh48.13 trillion National Budget has been approved by Parliament today. The approved budget has increased by sh5 trillion from the current financial year budget. Over half of this money is expected to come from domestic revenue collection with Government targeting  a collection of …

Recurrent expenditure ✳️ Ministry of Finance Shs2.3 trillio, ✳️ Ministry of Defense and Veteran Affairs Shs1.2 trillion ✳️ Lands, Housing and Urban Development Shs503 billion Development expenditure ✳ Defence Shs2.3 trillion ✳ Ministry of Health Shs1.4 trillion ✳ Energy gets Shs1.4 trillion ✳ Uganda National Roads Authority Shs2.5 trillion Kampala, …

Supplementary Budget for FY 2021/2022 ➡Shs86.3bn for Office of the President to cater for external financing from EXIM Bank for the National Science, Technology, Engineering and Innovation Skills Enhance Project ➡Shs77bn for State House for classified expenditures, ➡Shs64.4bn for UPDF to facilitate Operation Shujaa in DRC and Shs87.5bn for operations …

Kampala, Uganda | THE INDEPENDENT | The Minister of State for Finance- General Duties, Henry Musasizi has withdrawn two tax Bills from parliament. The House has approved his request. The Bills are the Finance (Amendment Bill), 2022, and the Uganda Revenue Authority (Amendment) Bill, 2022. Under the Finance (Amendment Bill), 2022, the …

Kampala, Uganda | THE INDEPENDENT | The Parliamentary Committee on Finance, Planning and Economic Development has commenced scrutinising the new Tax Bills for the Financial Year 2022/23. The Minister of State for Finance for General Duties, Henry Musasizi, who on Friday, 29 April 2022 presented nine tax bills before the …

Kampala, Uganda | THE INDEPENDENT | Legislators on Parliament’s Finance Committee on Friday disagreed over a proposal by government to impose a flat rate of 12 percent on the gross rental income of individuals for a year of income. The proposal is under the Income Tax (Amendment) Bill, 2022 currently being …

Kampala, Uganda | THE INDEPENDENT | The Ministry of Finance says the budget for the financial year 2022/2023 will mainly focus on addressing health and economic challenges presented by the COVID-19 global pandemic, among other key issues. Presenting a statement to the Budget Committee on Wednesday, 27 April 2022, the Minister of …

Kampala, Uganda | THE INDEPENDENT | The postponement of the ruling by the NRM elections tribunal for the Rubanda East County NRM party flag bearer has angered residents. The NRM’s elections dispute tribunal on Monday adjourned the ruling between the incumbent Henry Ariganyira Musasizi and the incumbent Rubanda district chairman Kenneth …

But it does not mean workers strike goes ahead in November. Here’s why Kampala, Uganda | JULIUS BUSINGE | Another stalemate looms over the Pension Reform Bill, which was first tabled in parliament six years ago, as National Organisation of Trade Unions (NOTU) warns of a strike and the Minister …