Report of The Committee On Estimates on The Income Tax (Amendment) Bill, N.A.B No. 3 Of 2016

Parliamentary Period: 
Fifth Session of the Eleventh Assembly
Report: 
PDF icon INCOME TAX REPORT Bill No 3 of 2016.pdf

Report Summary

The object of the Bill is to amend the Income Tax Act so as to:

  1. remove the variable profit tax on income from mining operations;
  2. reduce the presumptions tax applicable on bus and taxi operators; and
  3. provide for matters connected with, or incidental, to the foregoing.