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{
    "id": 685262,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/685262/?format=api",
    "text_counter": 112,
    "type": "speech",
    "speaker_name": "Hon. (Ms.) Otucho",
    "speaker_title": "",
    "speaker": {
        "id": 12837,
        "legal_name": "Mary Emaase Otuch",
        "slug": "mary-emaase-otuch"
    },
    "content": "Thank you, Hon. Deputy Speaker, for this opportunity. I have been longing for it. This is a very important Bill. I know that whenever we discuss the Budget Policy Statement (BPS) and consequently interrogate and approve the Budget Estimates and further discuss the Division of Revenue Bill, the emphasis has always been on the expenditure side and how we are going to share the money. However, this Bill brings into the limelight the revenue- raising measures and how the Government is going to raise the money we are going to expend. So, it is a very important Bill that focuses on the formulation of money raising measures and proposes to bring amendments to specific tax laws and laws that relate to the financial sector. This Bill will make amendments to the Income Tax Act, the Excise Duty Act, VAT Act and tax procedures. These amendments are basically intended to streamline the operations of these laws and to help enhance compliance by the taxpayer by making it easy to pay tax. It is also meant to enhance revenue collection. The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}