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
-
Muzic Mensah selected for Boomplay’s inaugural ‘NEXT WAVE’ Programme
2 hours -
Prime Insight to tackle legal vacation controversy and $1million AKSA bribery case
2 hours -
Ghanaian evacuee from South Africa dies on arrival in Accra
3 hours -
POS Foundation raises alarm over student cohabitation, sexual harassment on university campuses
4 hours -
Nandom NPP primary heats up as four candidates enter 2028 race
4 hours -
Mangione admits killing healthcare CEO and pleads guilty to federal charges
4 hours -
The Invite to The Odyssey: 12 of the best films of 2026 so far
5 hours -
Ayra Starr on her secret relationship and teasing Stevie Wonder
5 hours -
NPP Ashanti holds vigil in support of Wontumi as lawyers appeal conviction
5 hours -
TCDA targets higher crop yields as farmers receive inputs
5 hours -
Kofi Amoako Attah inducted into 11th Corporate Ghana Hall of Fame
5 hours -
Newsfile to discuss AKSA energy deal, legal vacation and GoldBod losses
6 hours -
Gushegu MCE says slain Yiidana was targeted as police investigate killing of chief and son
6 hours -
President Mahama reiterates commitment to link regional capitals with good roads
6 hours -
Ex-Cambridge professor at centre of plagiarism row found dead
6 hours