WebFeb 12, 2024 · The Finance Minister, Smt. Nirmala Sitharaman, has presented the Union Budget 2024 in the Parliament. It was the first-ever digital Union Budget as Govt. had decided not to print the budget documents. The Finance Bill 2024 which was tabled in the Parliament has proposed 80+ amendments to the Income-tax Act and other related Acts. WebDec 16, 2024 · 0. On 14 December 2024, the Uganda Parliament considered and passed the Income Tax Amendment Bill No.2 2024. The approved bill passed without amendments. The Bill was read for the first time on 19 th October 2024. The Bill amends the Income Tax Act to provide for: A limitation of deductions on petroleum operations. Windfall tax.
Uganda latest Income Tax Rates and Thresholds with Salary Af
Web59 Likes, 0 Comments - ULIZA LINKS (@ulizalinks) on Instagram: " KRA Seeks to Collect Sh5 Billion in Digital Taxes within Six Months The Kenya Revenue Authori..." WebINCOME TAX ACT CAP 340: Vol 2 Issue 3 FY 2024 - 2024. 2 Employment Income IMPORTANT DEFINITIONS ... • Total income from all sources including business income. • … the potawatomi
AMENDMENTS TO THE TAX LEGISLATION IN UGANDA - 2024
WebDec 24, 2024 · Income Tax (Amendment) (No. 2) Act, 2024 (Act 24 of 2024) Uganda Gazette no. 92. This is the latest version of this legislation commenced on 24 Dec 2024. Legislation Timeline. ug-act-2024-24-publication-document.pdf. WebThe Personal Income Tax Rate in Uganda stands at 40 percent. Personal Income Tax Rate in Uganda averaged 35.50 percent from 2004 until 2024, reaching an all time high of 40.00 … WebAct 10 2024 2. Amendment of the Income Tax Act, Cap. 340. The Income Tax Act, in this Act referred to as the principal Act is amended in section 2 by inserting immediately after … the potbank