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Government Eases pensioners’ WHT refunds

  • CNL Reporter
  • January 14, 2025
  • Political
  • Government Eases pensioners’ WHT refunds
  • 0 Comments

The government is to implement a mechanism for the refund of With Holding Tax (WHT) from retirees who do not come within the income tax ambit.The move comes amid the recent government decision to increase WHT on bank deposit interest to 10 per cent from 5 per cent as a measure to beef up revenue collection from the taxes.

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