How govt can use tax measures to stimulate the economy
With the local economy reeling from Covid-19’s disruptive blow, tax specialists have suggested measures the government can implement to counter the financial effects of the pandemic.
A report prepared by tax specialists at Aupracon, Jonathan Hore, and his colleagues, Tshiamo Badisang and Onalenna Rangale, suggest interventions that can create jobs, stimulate economic activity, cushion the underprivileged and relieve corporates of the burden created by Coronavirus.
Firstly, they propose an adjustment of Personal Income Tax (PIT) or P...
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