Wednesday, February 21, 2024

Tag: Revenue

Ministry collects record revenue in a month

The Ministry of Revenues announced that its tax payment campaigns has resulted in the hike of its revenue collection for the month of February as it collected 17.8 billion birr, a record monthly collection its history.

Ministry charges 65 business organizations for tax-fraud, evasion

The Ministry of Revenue (MoR) has officially charged 65 people out of the 105 placed under custody suspected of tax fraud and evasion activities.

Citywaivers tax claims on 7,800 businesses

The Addis Ababa City Administration has decided to wipe the slate clean for some 6000 category “C” taxpayers who have been in a protracted tax valuation dispute with the city revenue authority; while dropping the charges against additional 1,780 businesses under its tax jurisdiction. 

Minister of Revenue launches campaign

Assuming the leadership of the newly restructured Minster of Revenue for about two months now, Adanech Abebbe appears to be steadfast in fighting tax evasion and fraud disrupting the overall economic system.

United increases net profit by 47.6 percent

United Bank SC bagged a net profit of 573.6 million birr; an increase of 47.61 percent compared to last year’s, as of June 30, 2018.