Audio By Carbonatix
The Internal Revenue Service says its First Quarter result for 2007 went up by 10 percent in the heat of the energy crisis.
According to the IRS it collected more than 1.8 trillion cedis instead of the projected 1.69 trillion for the first three months of the year.
The service expects to collect some 8.8 trillion cedis in revenue by the end of the year.
In an interview with Joy business report, the Commissioner of the IRS Major rtd Daniel Ablorh-Quacoo explained that the load shedding exercise did not affect revenue collection in the First Quarter of the year.
He was however worried the target for the year might be affected if the power crisis persists longer, and expressed the hope that the Service’s focus on covering untapped areas into the tax net will make for the losses.
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
-
He entered at eight. He is now 16: Ghana’s children growing up in prayer camps
2 hours -
‘Development must not always begin from Accra’ — Anwelle Foundation launched in Jirapa
2 hours -
PKO trio eye victories at Odwira Festival
4 hours -
346 Ghana Navy recruits pass out after 26 weeks of intensive training
4 hours -
Newsfile to discuss EOCO-MP arrest, drug trafficking, speech arrests and $235m water debt
5 hours -
JoyNews gets results as listeners raise GH¢40,000 to help 17-year-old student with cerebral palsy attend SHS
5 hours -
Vice President calls for stronger local pharmaceutical production to reduce medicine imports
6 hours -
The brewing tension at KNUST; Beware the Ides of October….
6 hours -
Health Ministry moves to integrate traditional medicine into mainstream healthcare
6 hours -
550 pupils in Kintampo South get educational lifeline as ‘Seeds of Hope’ reaches farming communities
7 hours -
Opoku Mensah urges Christian Council, House of Chiefs to speak up on democratic freedoms
7 hours -
Teacher unions’ strike: Minority demands immediate payment of teacher arrears, 20% deprived area allowance
7 hours -
The Accra-Kumasi Expressway: Building it right
7 hours -
Beyond gold exports: Building value and economic resilience from Ghana’s gold
7 hours -
2027 AFCONQ: Ghana under pressure as Gambia beat Somalia 2-1
7 hours