Friday 29th May 2015

banner.png

news menu leftnews menu right

5,000 taxpayers install cash register machines in Oromia PDF Print E-mail
By Administrator   
Monday, 17 December 2012 12:08

The Oromia Regional State bureau of Revenues disclosed that it had made 5,000 taxpayers install cash register machines during the past 7 months. Authority Director, Yohannes Dinkayehu said that the stated number of level A and B taxpayers were made to use the machines so as to facilitate tax collection. The authority has envisaged registering all level A and B taxpayers by the end of this year and that all taxpayers will be using the machine by the end of the Growth and Transformation Plan (GTP), he said. According to Yohannes, the revenue collected during the past two years has been showing a significant increase, following efforts made to modernize the tax collection system and control illegal activities.
“Such efforts would also enable the authority to attain the plan it set to collect 8 billion birr by the end of the GTP period,” he said. The current performance of the authority indicates the possibility of collecting up to 10 billion birr. The authority collected 1.17 billion birr in the first quarter of this budget year, attaining 105 percent of its target.
According to the director, the revenue collected in the first quarter of the budget year has shown 57 million birr increase compared to the same period the previous year.
(Walta Information Center)


blog comments powered by Disqus
 

POLL 1

1. Do you think Addis Ababa needs more recreational centers?

(124 votes)

98.4%   (122)
0.8%   (1)
0.8%   (1)
Loading...

POLL 2

2. Do you think the Ethiopia need more express roads?

(180 votes)

85%   (153)
2.2%   (4)
12.8%   (23)
Loading...


Powered by Spearhead Softwares Joomla Facebook Like Button
Follow us on Twitter

PANKHURST'S CORNER

The Dramatic History of Addis Ababa Part 13: The Beginnings of Cabinet Government

The object of the present series of articles is to consider how the founding and early growth of Addis Ababa witnessed Transformation in other fields of Ethiopian economic, social and political life. read more...

ENTREPRENEUR PROFILE

Name: Ruth Teferi
Education: MA in Educational Psychology
Company name: Corojo Leather Products Plc
Studio title: Manager and owner
Founded in: 2011
What it does: Produce women's  purses  read more...

DOING BUSINESS

Expatriates are not new to Ethiopia and Addis Abeba as they have been working with embassies, donor organizations, NGO’s, schools and churches for many years. Over the past few years we have seen an increased influx with the arrival read more...

BUSINESS & ECONOMY

The current global economic system is arguably experiencing the worst crisis in its 500 year history. Professor William I. Robinson seriously argued that the existing world economic system has experienced a profound restructuring through globalisation read more...