GH¢490m earned in 17 days
GH¢1bn projected for June
The Ghana Revenue Authority has said the state has lost no revenue since the introduction of the Integrated Customs Management System (ICUMS), but rather, the authority has had its revenue projections on target even with the teething problems that greeted...
The Minister of Finance Ken Ofori-Atta has said that the country is to put in place systems to consolidate the data of state agencies in the bid to capture all tax payers – both individuals and corporate entities - to ensure that the nation is able to retrieve the...
The President of the Chartered Institute of Bankers (CIB) Ghana, Patricia Sappor, has said that banks are aggressively driving their digital products and service to help government move the economy from a cash-based system into one that is near cashless or at least, cash-lite.
She emphasised that whilst banks are...
Despite the coronavirus pandemic biting economies around the world hard, with many seeing a contraction - especially the developed ones, Ghana’s economy was able to withstand the destructive power of the disease, as it rather experienced growth; albeit slower than same period the previous year – thanks to the...
To root out corrupt revenue collection officials in the country, the Ghana Revenue Authority (GRA) and Ministry of Finance have established a Tax Audit and Quality Assurance Unit.
A bold move, according to some industry voices, the new department will deal with all complaints of corruption and ensure that the...
The National Pensions Regulatory Authority (NPRA) has assured of efforts to address the concerns of public sector unions over the low pension amounts paid by the Social Security and National Insurance Trust (SSNIT).
The unions, totalling 12 which came together to form the Forum for Public Sector Registered Pension Schemes...
The third window of the Presidential Pitch is open for entrepreneurs to tap into the GH¢1million set aside as business support from the Ministry of Business Development.
The Presidential Pitch offers young entrepreneurs an opportunity to pitch their business ideas to a panel of experienced judges, out of which 10...
Bring back luxury vehicle levy
Relook tax exemptions
Use ICT to improve tax administration
For the country’s economy to surmount the various challenges brought upon it by the coronavirus pandemic, managers of the economy must take bold tax measures to reform the tax system - which should include bringing...
Government must use its coronavirus stimulus package for Small and Medium-Sized Enterprises (SMEs) as a catalyst to formalise the informal economy, the Trades Union Congress (TUC) has urged.
As part of requirements for accessing the GH₵1billion support, prospective applicants are required to have Tax Identification Number (TIN), be registered, must...
Players in the oil palm industry have expressed fears that the Ghana Revenue Authority’s decision to maintain and continue implementing the 50 percent benchmark value on palm oil imports is severely hampering the development of local content - collapsing businesses and leading to job losses.
President of the Oil Palm...