12% tax on data will drive up costs for businesses 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.
Literacy going high
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As part of the Unesco’s efforts to provide quality education along with lifelong learning for all, September 8 is observed as International Literacy Day, every year. Although the day passed off without much ado in the Sultanate, the educational vision for quality, equity and sustainability in Oman is facilitated by Unesco programmes. Oman’s adult literacy rate reached 94.8 per cent in 2015 from 81.36 per cent in 2003 growing at an average annual rate of 3.69 per cent.
“Despite high literacy rate in the country, there is still the need for an increasing focus on attaining high-quality education to understand the international business culture and acquire skills to succeed in a globalised market,” feel experts.
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Proposed taxes will increase cost of doing business
Tuesday April 13 2021
Passenger Service Vans in Kampala. The government is planning to re-introduce an annual licence by July this year following the Traffic and Road Safety Act Amendment Bill 2021. PHOTO/EDGAR R. BATTE
Summary
Revenue targets. Government hopes to raise at least Shs400 billion from 10 Tax (Amendment) Bills 2021 in the quest to meet revenue targets in an economy where the Covid-19 pandemic has battered collections.
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On April 1, Finance Minister Matia Kasaija proposed a raft of tax amendments, most of which tax analysts say if passed in their current form, will deepen the tax burden.