Audio By Carbonatix
The Ghana Revenue Authority, GRA grossed nearly 9 billion Ghana cedis to the state in 2011. The 8.7 billion figure is 15 percent more than its target of 7 .5 billion cedis. Domestic taxes, both direct and indirect accounted, for about 5 billion cedis, whilst Customs including Petroleum contributed 3.6 billion cedis.
Commissioner General of the Authority, George Blankson disclosed this to newsmen at a news conference in Accra. He later outlined to Joy Business some of the measures put in place to meet the 2012 target of 11.5 billion cedis.
“The performance in 2011 is demonstrative of the benefits that come with the integration and modernization of the tax regime. We hope to intensify audits of especially the Large Tax Payers in 2012. We’ll also undertake quick examination of tax returns submitted and in terms of recovery of tax arrears, the enforcement and debt management unit is to be empowered with more resources for higher efficiency in their role” he concluded.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
EU fines Temu €200m for allowing sale of illegal products
34 seconds -
Portugal breaks hottest May day record as Europe swelters in heatwave
47 seconds -
KetaFC celebrates “vindication” after Volta RFA Middle League controversy
1 minute -
Professor Joseph Ofori-Dankwa receives 2026 Lifetime Leadership Impact Award
2 minutes -
United Pension Trustees advocates menstrual hygiene awareness and support for girls in Juaben
5 minutes -
The age when the body starts ageing faster
7 minutes -
Controversial Volta RFA verdict triggers calls for GFA intervention
10 minutes -
AIMS Ghana, University of Waterloo lead push for stronger mathematics education at HTTMC 2026
17 minutes -
NADMO dismisses claims residents were not warned before Weija Dam spillage
2 hours -
Government begins payment of 2020 batch of nurses and midwives arrears
2 hours -
Controversial anti-LGBTQ bill presented to Parliament for second reading
2 hours -
New mediation centre launched to resolve disputes in Gomoaman
2 hours -
Deloitte Partner urges clear, consistent policies to govern mining license renewals, local content
2 hours -
Xenophobic attacks: Ghana must pursue justice for victims beyond evacuation – Bosome Freho MP
2 hours -
BOPP positions sustainable agribusiness as investment frontier
3 hours