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Municipalities that don t spend government grants could lose out

Finance Minister Tito Mboweni (Gallo Images, Brent In March 2020, the National Treasury stopped grants to 47 municipalities. Provinces or municipalities that do not spend their allocated grants from national government or comply with grant conditions, could find fund transfers withheld or relocated to another recipient. Metros around the country had urban settlements development grants reduced significantly last year. Municipalities could face further financial pressure after National Treasury warned of changes in conditional grants. The latest Budget Review, issued following Finance Minister Tito Mboweni s Budget speech, notes that provinces or municipalities not spending their allocated grants from national government - or not complying with grant

South africaMalijeng ngqaleniIron derbyNational treasuryBudget reviewFinance minister tito mboweniNelson mandela bay municipalityரோன் டெர்பிதேசிய கருவூலம்பட்ஜெட் விமர்சனம்நெல்சன் மண்டேலா வளைகுடா நகராட்சி

LIVE: Mboweni says budget reduces tax burden on lower- and middle-income households

24 February 20:24 Despite speculation that South Africa may be facing a new wealth tax, Finance Minister Tito Mboweni announced no new major taxes when he tabled the 2021 Budget in Parliament on Wednesday afternoon. Proposed tax increases over the medium term have also been done away with, while SA s tax revenue shortfall was lower than expected. There was a measure of tax relief for lower and middle-income households, as well as a decrease in the corporate tax rate from 28 to 27%. Mobweni also announced an additional R3 billion to aid SARS’ crime-busting efforts. The budget includes almost R20 billion in funds for the purchase and delivery of vaccines over the medium term. Unlike previous years, Eskom and SAA were not front and centre on Wednesday.

South africaSouth africa generalSouth africanSouth africansZama ndlovuDesmond tutuGeordin hill lewisTito mboweniAloe feroxSifiso skenjanaKhulekani magubaneNolwandle mthombeniLameez omarjeeEttienne le rouxIron derbyDepartment of justice

Fin24 Speaks | Budget 2021: Did Mboweni manage to douse the Burning Fiscus ?

Fin24 Speaks | Budget 2021: Did Mboweni manage to douse the Burning Fiscus ?
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South africaZama ndlovuTito mboweniIron derbyMinister tito mboweniரோன் டெர்பி

NB II: a 25 forduló ÉLŐ eredménykövetése

NB II: a 25 forduló ÉLŐ eredménykövetése
nemzetisport.hu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nemzetisport.hu Daily Mail and Mail on Sunday newspapers.

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WRAP | Face-to-face with Gordhan on SOEs, corruption, and fast-tracking economic reform

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Carin smithPravin gordhanIron derbyPublic enterprisesPublic enterprises minister pravin gordhanகரின் ஸ்மித்பிராவின் கோர்டன்ரோன் டெர்பிபொது நிறுவனங்கள்பொது நிறுவனங்கள் அமைச்சர் பிராவின் கோர்டன்