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URA releases Uganda’s highest rental tax payers, Sudhir, Meera Investments top list

Mulema Najib by Mulema Najib
8 years ago
in Business
28 2

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By our reporter

Renowned city businessman Sudhir Ruparelia continues to prove that indeed he is one of the most complying citizens when it comes to paying taxes.

The Uganda Revenue Authority has issued its latest list of top rental income taxpayers and the Ruparelia Group chairman and his Meera Investment Limited score the highest, proving the tycoon is the country’s most dominant landlord.

In the category of top 25 Non-Individual rental income taxpayers, Meera Investments Limited has topped the list whereas in the category of top 25 Individual rental income taxpayers, Mr. Sudhir has made it to the second position.

Mr. Sudhir through his Meera Investments own a number of properties across Uganda including hotels, luxurious apartments, schools, office spaces. He also owns properties in countries like UAE, UK, Rwanda among others.

Apparently, Uganda’s real estate sector has steadily grown over the years and the sector contributes 0.20 percent to the GDP which is a significant amount to the domestic revenue.

Ms Doris Akol, URA boss, said real estate has registered a 12% revenue growth in the past one year. She said men and women such as Sudhir were “role models” who develop Uganda through voluntarily paying their taxes promptly.

Here are the full lists;

Top 25 Non Individual-Rental income taxpayers;

1.Meera Investment Limited

2.Golf Course Group Limited

3.BIDCO Uganda Limited

4.British American Tobacco Uganda

5.The Jubilee Investments Company

6.PDM(Uganda) Limited

7.Capital Shoppers Limited

8.Megha Industries (U) Ltd

9.Mukwano Industries (U) Ltd

10.KIBAO Investment Co Ltd

11.TPS (Uganda) Limited

12.Uganda Development Bank Ltd

13.Tembo Steels (U) Ltd

14.International Holdings Uganda Limited

15.Imperial Group of Hotels Limited

16.UAP Oldmutual Insurance Uganda Limited

17.Shoprite Checkers Uganda Limited

18.Jesani Construction Limited

19.Multiple I.C.D Limited

20.DFCU Limited

21.JMP Investments Limited

22.MULCO Textile Limited

23.Ministry of Energy and Mineral Development

24.NADIMS Limited

Top 25 Individual rental Income taxpayers;

1.Mr. Alnasir Virani Gulam Hussein Habib

2.Dr. Sudhir Ruparelia

3.Mr. Mohammed Hussein

4.Mr. Virani Amin

5.Ms. Nakayima Janat

6.Mr. Karia Pradip

7.Mr. Nipun Bhatia

8.Mr. Karia Minex

9.Mr. Lubega Charles

10.Mr. Kassim Moyez

11.Mr. Karia Kunnal

12.Mr. Abdul Hamid Mohamad  Karim Hirji

13.Ms. Virani Aisha

14.Mr. Aziz Damani Abduhamid Hirji

15.Ms. Karia Rita

16.Ms. Karugaba Alice

17.Mr. Hudani Alykhan

18.Ms. Sophy Nantongo

19.Mr. Mpoza Eron

20.Mr. Tumwesigye Mustapha

21.Ms Thakrar Nita

22.Mr. Musisi Fredrick

23.Mr. Muwonge John

24.Mr. Karan Dayaiji

25.Mr. Kirumira Godfrey


Do you have a story in your community or an opinion to share with us: Email us at editorial@watchdoguganda.com
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