Audio By Carbonatix
The Ghana Federation of Labour (GFL) has urged government to use the mid-year budget review to remove nuisance taxes that are affecting business activities.
The Minister of Finance is expected to present the mid-year review of the 2023 budget on July 31, 2023.
Mr. Abraham Koomson, the Secretary General of GFL, speaking to the Ghana News Agency on the Federation’s expectations, said such nuisance taxes were making it extremely expensive for businesses to operate smoothly.
Mr. Koomson said as a result businesses were closing down and workers left unemployed, hence the need to remove them.
He said that notwithstanding the bailout conditions from the International Monetary Fund (IMF), the local manufacturing industry must survive to meet reasonable tax obligations to support economic growth and development in the country.
He said maintaining such taxes on local industries would only undermine the source of revenue earmarked by the government to achieve budgeted targets.
He urged the government to engage with critical stakeholders such as the Association of Ghana Industries (AGI) on tax policies before applying them.
Latest Stories
-
Government to deploy 60,000 surveillance cameras nationwide to tackle cybercrime
7 minutes -
Ghana DJ Awards begins 365-day countdown to 2026 event
12 minutes -
Making Private University Charters Optional in Ghana: Implications and Opportunities
12 minutes -
Mampong tragedy: Students among 30 injured as curve crash kills three
22 minutes -
Ken Agyapong salutes farmers, promises modernisation agenda for agriculture
31 minutes -
Team Ghana wins overall best project award at CALA Advanced Leadership Programme graduation
34 minutes -
FIFA gives President Donald Trump a peace prize at 2026 World Cup draw
39 minutes -
2025 National Best Farmer urges government to prioritise irrigation infrastructure
52 minutes -
EPA CEO to be installed as Nana Ama Kum I, Mpuntu Hemaa of Abura traditional area
1 hour -
Mahama to launch School Agriculture Programme, requiring farms across all schools
1 hour -
Tanzania blocks activists online as independence day protests loom
1 hour -
ECOWAS launches new regional projects to strengthen agriculture and livestock systems
2 hours -
ECOWAS mediation and security council holds 43rd Ambassadorial-Level Meeting in Abuja
2 hours -
Two dead, 13 injured in fatal head-on collision on Anyinam–Enyiresi highway
2 hours -
International Day for PwDs: The unbroken spirit of a 16-year-old disabled visual artist
3 hours
