Despite rising government debt levels and Moody's expects
government income to remain heavily reliant on hydrocarbon revenues for the foreseeable future, Kuwait will maintain an extraordinarily strong government balance sheet and an overall net asset position.
ISLAMABAD -- The KP govt demanded of the federal
government income tax exemption of ten years in the fiscal 2018-19 for Provincial Holding Oil and Gas Companies (PHCs).
This new development is expected to provide employment, investment and entrepreneurial opportunities, increased
government income and, more important, a boost to the tourism industry, the company said.
I think the time has come to abolish NI altogether, and to adjust tax rates in order to make good any shortfall in
Government income.
Finally, to raise
government income and to address our national deficit, I would propose that food and drink be made subject to Value Added Tax.
The measure along with corporate income and property taxes would help raise
government income, she said.
The Campaign for Better Transport (CBT) published research which shows that by 2020
Government income from the railways could triple from PS1.1bn today to PS3.5bn.
Cuts to
government income and increasing cost pressures had led to Wirral University Teaching Hospital NHS Foundation Trust considering closing clinics in Wallasey and transferring the work to Arrowe Park hospital, in Upton.
It added that
government income declined by 2.5 percent in the January-November period but non-oil revenues rose by 5.1 percent thus making up for the losses caused by the fluctuating oil prices.
Revenue from government services represents 74 per cent of total
government income.
As many as 20 percent of financial aid of foreign countries had been utilized by the government in the past year, he said, adding the
government income had witnessed sharp decrease amid concerns of post-2014 situation of the country.
DURING 2015, for the first time in a decade,
government income from business rates will exceed council tax collections, according to experts at national commercial property consultancy Lambert Smith Hampton.
The general revenue law, which aims to increase transparency and accountability in the management of
government income, will further strengthen the UAE budgeting process and the implementation of its fiscal policies.
Botswana, it is estimated, may have only 20 years of diamond production left--a daunting thought given that revenues from the sector account for most of
government income and export earnings.