Not only is PTC considered to be one of the highest government revenue
contributors in the country, it is also one of the few organizations that have very extensive CSR programmes.
According to the survey, there are 2.765 million workers on wage employment in Kenya, which would mean that employees are contributing a disproportionate amount of government revenue
The surcharges which are expected to take automatic effect on October 15, this year, will increase government revenue
from USD2 million to USD20 million per annual, while increasing the amount mobile users pay for data.
Government expenditure in the euro area was equivalent to 46.8% of GDP and government revenue
The ratio of government expenditure to government revenue
will increase from 90 per cent in 2018-2019 to 97 per cent in 2019-2020.
In April 2013, a freshly installed President Kenyatta warned that a public wage bill that gobbled up 40 percent of government revenue
Mr Matambo stated however, that there was need to intensify efforts to diversify the country's exports and government revenue
An economic impact analysis released by The Citadel found that the military college generated an estimated $3 million per year in net local government revenue
for Charleston County between 2014 and 2016.
Although the proportion of revenue loss is small, the vacillation in tax rates creates uncertainty around government revenue
and comes amid persistent upside risks to its expenditures," it added.
The government had 'no choice' but to introduce the Sales and Services Tax (SST) due to a shortfall in government revenue
after zero rating the Goods and Services Tax (GST), former Prime Minister Datuk Seri Najib Razak said today.
THE Department of Finance (DOF) has yet to study closely the Supreme Court (SC) ruling providing local government units (LGUs) with their 'just share' of national government revenue
, but ultimately, the agency pointed out, it's still President Duterte who will have the final say on the matter.
The government was thinking of a policy which addresses the issue from the consumer point of view -- wherein they don't have to pay really high price for the fuel -- while also ensuring that government revenue
from taxes on petrol and diesel does not shrink, Goyal said.