PulseBet Bows out; New Law Imposes 30% Tax on Betting chimpreports.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chimpreports.com Daily Mail and Mail on Sunday newspapers.
Officials from UMA and plastic recyclers appearing before the committee Kampala - Plastic dealers have decried the new tax levy on imports with a section labelling it as being regressive and exorbitant. This was revealed in a meeting where the officials from Uganda Manufacturers’ Association (UMA) and Uganda Plastic Recyclers Association met Parliament’s Committee on
Invest money from dormant accounts in youth, women initiatives - MPs tell govt monitor.co.ug - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from monitor.co.ug Daily Mail and Mail on Sunday newspapers.
Gaming operators under declaring revenue by half - audit
Tuesday April 20 2021
This file photo shows a man with his child bets on football games at sports betting shop in Kampala, Uganda. AFP PHOTO
Summary
Ms Juliet Namuli warned that they are unlikely going to meet their Shs50.6b target in the coming financial year, citing the negative impact caused by Covid-19 imposed lockdown on gaming centres, which has caused a 36 per cent reduction of the revenue collection in the last eight months.
Advertisement
The Parliamentary Committee on Finance yesterday heard that the lotteries and gaming industry has been under declaring its revenue by half, causing government Shs50b loss in revenue.