Meaning of stamp duty Brief discussion of provisions of the Stamp Duty Act R.E 2006 (“the Stamp Duty Act”) that require instruments to be charged with stamp duty List of instruments that are chargeable with stamp duty Consequences of not complying with the Stamp Duty Act (Among other consequences, the instrument may not be admitted […]
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 […]
BANKING AND FINANCE LAW UPDATE: ELECTRONIC CLEARANCE OF CHEQUES (BILLS OF EXCHANGE) UNDER THE TANZANIA AUTOMATED CLEARING HOUSE RULES, 2015.
The Rules replace manual clearance and introduce electronic clearance of bills of exchange. Time for clearance of bills of exchange reduced to one day. The roles of the Clearing and Collecting Banks vis-à-vis the drawers and beneficiaries. 1.0 Introduction A bill of exchange is defined under Section 3 (1) of the Bills of Exchange Act, […]
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 […]
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