• Contact Us
  • About Us
  • Advertise
  • Donate
  • Login
Watchdog Uganda
  • Home
  • News
    • National
    • Politics
    • World News
    • Media Outreach Newswire
    • Africa News
    • Tourism
    • Community News
    • Luganda
    • Sports
      • Football
      • Motorsport
  • Op-Ed
    • #Out2Lunch
    • Conversations with
    • Politics
    • Relationships
  • Business
    • Agriculture
    • CEOs & Entrepreneurs,
    • Companies
    • Finance
    • Products
    • RealEstate
    • Technology
  • Entertainment
    • Lifestyle
  • People
    • Showbiz
      • Salon Mag
  • Special Report
    • Education
    • Voices
  • Reviews
    • Products
    • Events
    • Hotels
    • Restaurants
    • Places
  • WD-TV
  • Donate
  • China News
No Result
View All Result
  • Home
  • News
    • National
    • Politics
    • World News
    • Media Outreach Newswire
    • Africa News
    • Tourism
    • Community News
    • Luganda
    • Sports
      • Football
      • Motorsport
  • Op-Ed
    • #Out2Lunch
    • Conversations with
    • Politics
    • Relationships
  • Business
    • Agriculture
    • CEOs & Entrepreneurs,
    • Companies
    • Finance
    • Products
    • RealEstate
    • Technology
  • Entertainment
    • Lifestyle
  • People
    • Showbiz
      • Salon Mag
  • Special Report
    • Education
    • Voices
  • Reviews
    • Products
    • Events
    • Hotels
    • Restaurants
    • Places
  • WD-TV
  • Donate
  • China News
No Result
View All Result
Watchdog Uganda
No Result
View All Result

Government cannot impose any tax without parliament’s approval- Minister Bahati speaks out on proposed tax on bank withdrawals

Bahati made this assurance while responding to a matter was raised by the Kassanda North MP, Patrick Oshabe that there was a plan to impose excise duty on agency banking and ATM withdrawals.

Stephen Kalema by Stephen Kalema
4 years ago
in Business, Finance
2 0
Minister David Bahati

Minister David Bahati

ShareTweetSendShare

The Minister of State for Finance, David Bahati has assured the country that no taxes can be imposed without the approval of Parliament.

Bahati made this assurance while responding to a matter was raised by the Kassanda North MP, Patrick Oshabe that there was a plan to impose excise duty on agency banking and ATM withdrawals.

This was at a sitting of Parliament chaired by the Speaker, Rebecca Kadaga on Thursday, 11 February 2021.
Oshabe said that a letter from the Ministry of Finance to the Governor, Bank of Uganda seeking guidance on the same has been widely circulated on social media.

“The Minister of Finance should come and clarify the matters that are going on. Why should the government be planning to raise revenue on already taxed money?” Oshabe asked.

Bahati said that the letter was authored by the Deputy Secretary to the Treasurer inviting the Governor of the Central Bank to consult on an internal engagement with the Finance Ministry.

“In line with the Rules of Procedure of this House, I do request that we focus on something that is before the House and is a proposal by Law. If this House is going to be discussing internal memos between government agencies, it will be a tough one,” he said.

He added that the internal memo that leaked was consulting the Central Bank. It was not a proposal by law and it was not to the House and has no bearing to the House.

Kasilo County Member of Parliament, Elijah Okupa said that it was not an internal memo but a letter written to the Governor, Bank of Uganda.

“It’s unfair that government is thinking of such action especially when the country is recovering from Covid-19. The Minister should be stopped before the taxes take shape,” he said.

The Speaker directed the Finance Minister to present proposals for taxation to the House.

“You should bring the proposals for taxation here. We should have an undertaking that you will not implement this without our authority,” she added.


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

Related Posts

Business

See #Paradise Island Resort: Sudhir’s Luxurious Eco-Retreat Island on Lake Victoria

6th July 2025 at 15:29
Business

CAN JOHN BOSCO MUWONGE CLAIM A SPOT AMONG AFRICA’S WEALTHIEST?

5th July 2025 at 18:09
Hon. Raphael Magyezi
Agriculture

Yara East Africa and Asili Agriculture Launch Agri-Hub in Kiryandongo to Advance Farmer Knowledge and Food Security in Uganda

4th July 2025 at 19:06
Next Post
Ministers David Bahati and Peter Ogwang

Stop interfering in our country's affairs- Ugandan ministers warn European countries 

  • Prostitution in Uganda- Courtesy Photo

    10 dangerous hotspots known for prostitutes in Kampala

    1115 shares
    Share 446 Tweet 279
  • Silent Billionaire Bosco Muwonge Buys Mukwano Arcade at UGX 250 Billion Cash Down

    41 shares
    Share 16 Tweet 10
  • LIST: New salary structure for civil servants starting July 2020 out; scientists, lecturers get juicy pay rise

    2286 shares
    Share 914 Tweet 572
  • Uganda’s Billionaires 2025: Once Again Sudhir Ruparelia Leads a Resilient Pack

    45 shares
    Share 18 Tweet 11
  • LIST : Gov’t releases Revised Salary Structure for Teachers, Police, and Prisons Staff for FY 2024/2025

    121 shares
    Share 48 Tweet 30
Facebook Twitter

Contact Information

Watchdog Uganda is a portal for solution journalism, trending news plus cutting edge commentaries in the fields of politics, security, business, tourism, entertainment, technology, agriculture, climate change, environment, public health et al. We also give preference to Ugandan community news and topical discussions. The portal also publishes community news and topical discussions.

Email: editorial@watchdoguganda.com
To Advertise:Click here

Latest News

Ann Ssebunya: Uganda’s Radio Personality and Mental Health Advocate Transforming Lives Through the Drugs Hapana Initiative

6th July 2025 at 23:58

President Museveni underscores need to develop Martyrs’ birth places into pilgrimage and religious tourism sites 

6th July 2025 at 19:55

Check out

  • Trending
  • Comments
  • Latest
Minister Muruli Mukasa

LIST: New salary structure for civil servants starting July 2020 out; scientists, lecturers get juicy pay rise

24th May 2020 at 10:45
Pregnant woman

Shock as 17-year old boy impregnates his two sisters during Covid-19 lockdown 

17th June 2020 at 08:17
Sudhir Ruparelia is set to speak at business forum in United Kingdom

Billionaire Sudhir’s wisdom on how to invest in real estate

0

How a boy’s destiny turned from cotton grower to communications guru

0

Ann Ssebunya: Uganda’s Radio Personality and Mental Health Advocate Transforming Lives Through the Drugs Hapana Initiative

6th July 2025 at 23:58

President Museveni underscores need to develop Martyrs’ birth places into pilgrimage and religious tourism sites 

6th July 2025 at 19:55

© 2025 Watchdog Uganda

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • National
    • Politics
    • World News
    • Media Outreach Newswire
    • Africa News
    • Tourism
    • Community News
    • Luganda
    • Sports
      • Football
      • Motorsport
  • Op-Ed
    • #Out2Lunch
    • Conversations with
    • Politics
    • Relationships
  • Business
    • Agriculture
    • CEOs & Entrepreneurs,
    • Companies
    • Finance
    • Products
    • RealEstate
    • Technology
  • Entertainment
    • Lifestyle
  • People
    • Showbiz
      • Salon Mag
  • Special Report
    • Education
    • Voices
  • Reviews
    • Products
    • Events
    • Hotels
    • Restaurants
    • Places
  • WD-TV
  • Donate
  • China News

© 2025 Watchdog Uganda