Deductions of bad debt by Banks and financial institutions are determined in accordance with the relevant conditions provided by the Bank of Tanzania (BOT). All reasonable steps in pursuing payment must be taken and the Banks and financial institutions must reasonably believe that the debt claim will not be satisfied. The debt amount by the […]
TAX UPDATE: TANZANIA REVENUE AUTHORITY (TRA) STARTS RECEIVING APPLICATIONS FOR TAX AMNESTY.
Tax Amnesty waives 100% of interests and penalties on overdue taxes Applications to be lodged to the Commissioner General (TRA)on or before 30th November, 2018 Application(s) must be made by a taxpayer or a legally appointed representative Amnesty is granted to the eligible taxpayers and on eligible taxes 1.0 Introduction The Minister for Finance and […]
BREAKTHROUGH ATTORNEYS’ OVERVIEW OF THE TANZANIA’S BUDGET FOR THE FINANCIAL YEAR 2018/2019.
1.0 Introduction. 2.0 Fiscal Policies for 2018/19. 3.0 Policy and Strategies to Increase Revenue for the year 2018/19. 4.0 Expenditure Policies for the year 2018/19. 5.0 Priority Areas for 2018/2019. 6.0 Reforms of the Tax Structure, Fees, Levies and other Revenue Measures. 7.0 Budget Structure for the Year 2018/19. 8.0 Conclusion. 1.0 Introduction On […]
TELECOMMUNICATION LAW UPDATE: PROCEDURE FOR HANDLING CONSUMER COMPLAINTS RELATED TO THE POSTAL AND TELECOMMUNICATION SERVICES IN TANZANIA.
Complaints and nature of Complaints handled by the Authorities Introducing the role of the Tanzania Communications Regulatory Authority in complaint handling. Rights of consumers, and enforcement. Procedure of instituting complaints at TCRA. Appeals. Grounds of Appeal. 1. Introduction The Tanzania Communications Regulatory Authority (TCRA) was established for purposes of regulating the communications and broadcasting sectors […]