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Tanzania Revenue Authority Act, 1995. Website. www.tra.go.tz. The Tanzania Revenue Authority (TRA) is a semi-autonomous Government Agency of the United Republic of Tanzania. It was established by the Tanzania Revenue Authority Act, CAP. 339 in 1995 and started its operations on the 1st of July 1996. It is headed by the Commissioner General.
The Tanzania Revenue Authority (TRA) requires taxpayers in Tanzania to file their "return of income" each year before the 30th of June. The return of income is a document that taxpayers must submit to the tax authority, providing details about their income, deductions, and taxes owed for the specific financial year.
The economy of Tanzania is a lower-middle income economy [23][24] that is centered around Manufacturing, Tourism, Agriculture, and financial services. [25] Tanzania 's economy has been transitioning from a planned economy to a market economy since 1985. Although total GDP has increased since these reforms began, GDP per capita dropped sharply ...
By 2012, a stock of about 17 million M-PESA accounts had been registered in Kenya. By June 2016, a total of 7 million M-PESA accounts had been opened in Tanzania by Vodacom. The service has been lauded for giving millions of people access to the formal financial system and for reducing crime in otherwise largely cash-based societies. [5]
The Tanzania Ports Authority is a Parastatal company wholly owned by the Government of Tanzania. The company is managed by a board of 5–8 members and a chairman who is appointed by the president. The organisation comes under the Ministry of Works, Transport and Communication and the ministry has the power to assign board members.
Tanzania, [b] officially the United Republic of Tanzania, [c] is a country in East Africa within the African Great Lakes region. It is bordered by Uganda to the northwest; Kenya to the northeast; the Indian Ocean to the east; Mozambique and Malawi to the south; Zambia to the southwest; and Rwanda, Burundi, and the Democratic Republic of the Congo to the west.
The Tanzania Railways Corporation (TRC) is a state-owned enterprise that runs one of Tanzania 's two main railway networks. the Headquarters are located in Mchafukoge, Ilala District, Dar es Salaam Region. When the East African Railways and Harbours Corporation was dissolved in 1977 and its assets divided between Kenya, Tanzania and Uganda, TRC ...
The Ministry of Finance is a government ministry of Tanzania. The Ministry of Finance in Tanzania plays a pivotal role in the economic governance of the United Republic of Tanzania. Established to manage the comprehensive financial affairs of the government, the ministry is tasked with overseeing revenue generation, expenditure, and financing ...
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