Work closely with relevant institutions to block revenue leakages – Amin Adam to new GRA Board

[ad_1] The Minister for Finance, Dr Mohammed Amin Adam has charged the newly constituted Ghana Revenue Authority Board to work closely with relevant institutions and stakeholders to reduce tax non-compliance and block revenue leakages. According to the Minister, it was critical for the revenue-generating institution to achieve its medium-term revenue targets of 18%-20% tax/GDP ratio…

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We plugged revenue leakage and boosted govt funds

[ad_1] Yaa Serwaa Sarpong, the Director of Support Services at Strategic Management Limited (SML), has affirmed that they have met their performance obligations with the Ghana Revenue Authority (GRA), highlighting among other things, the closure of a revenue leakage gap due to their efforts. On January 2 of this year, President Nana Akufo-Addo ordered KPMG…

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GRA’s Customs Division exceed revenue target

[ad_1] The Damongo collection of the Customs Division of the Ghana Revenue Authority has exceeded its target even before the end of the year. The collection was tasked to collect a revenue target of GH₵ 85,050,000.00. As of the end of October 2023, they have been able to collect GH₵ 88,159,002.12, exceeding the revenue target…

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    Premier League clubs to vote for TOUGHER rules on related-party commercial deals this month, in move that could restrict Saudi-backed Newcastle’s ability to increase their commercial revenue

    [ad_1] There is set to be a Premier League shareholder meeting later this month Clubs are set to vote for tougher rules on related-party commercial deals Man Utd are NOT good enough to have a ball-playing keeper – It’s All Coming Up By Craig Hope for the Daily Mail Published: 2:36 p.m. EST, November 9,…

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    Ghana’s public debt service consumed 56% of every cedi of domestic revenue in 2022

    [ad_1] Ghana faced a formidable challenge in 2022 as its public debt service burden devoured more than half of its domestic revenue, according to the Institute of Statistical, Social and Economic Research’s (ISSER) 2022 State of the Ghanaian Economy report, released on October 31. The ISSER report, quoting alarming statistics, highlighted the dire situation: “High…

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    10% betting tax a lazy approach to revenue generation

    [ad_1] The Deputy Youth Organizer of the National Democratic Congress (NDC), Osman Ayariga, has lashed out at the government’s 10% tax on bet and lottery winnings, calling it a lazy revenue mobilization approach that is often a signature of incompetent governments. Appearing on the August 19 edition of The Big Issue on Citi FM and…

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