Parliament has passed the Income Tax (Amendment) bill, 2020 into law.
The House Thursday considered the Income Tax (Amendment)bill, 2020 clause by clause at committee stage.
The bill seeks to introduce a minimum tax rate to apply to taxpayers whose declared tax liability for a consecutive period of five years is less that 0.5% of gross income among others.
The First Deputy Prime Minister, Gen Moses Ali, says that following the passing of the supplementary budget to support the fight against COVID19, the ministry of Finance has started releasing the funds.
He adds that the government has now embarked on the support to the people but adds that, ‘it will not be possible to get to everyone at the same time’.
Ali says that the government is not aware that the beans being distributed are rotten beans.
“That is a lie. The beans you are talking about must be your own beans”.
Speaker Rebecca Kadaga: “But your minister was on television admitting that the beans had a problem.”
“The first food to be checked was that from Aponye Uganda Limited. Their beans weren’t clean, they had some foreign particles so we asked them to go and clean them and then apply again,” said State Minister for Relief and Disaster Preparedness, Musa Ecweru, while appearing on NTV.