Search results
Results from the WOW.Com Content Network
The Ghana Revenue Authority (GRA) is the Ghana administration charged with the task of assessing, collecting and accounting for tax revenue in Ghana. [ 1 ] [ 2 ] As part of efforts to improve compliance, the Authority is required to assist taxpayers to understand and meet their tax obligations by providing robust and comprehensive advice.
It aims to curb black money, or undisclosed foreign assets and income and imposes tax and penalty on such income. The Act has been passed by both the Houses of the Parliament. The Act has received the assent of the President of India on 26 May 2015. [1] [2] It came into effect from 1 July 2015.
The institute began operating as a professional body in 1978, and the Ghana Institute of Taxation was incorporated as a limited company on 2 May 1980. It became the Chartered Institute of Taxation on 8 February 2001. As of 2011 a draft bill was in the works to incorporate the CITG through act of parliament. [2]
National Information Technology Agency. Its mandate includes identifying, promoting and developing innovative technologies, standards, guidelines and practices among government agencies and local governments, as well as ensuring the sustainable growth of ICT via research & development planning and technology acquisition strategies to facilitate Ghana's prospect of becoming a technology-driven ...
The laws also established the legal structure that informed the corporation in contractual agreements between the Government of Ghana and private oil exploration companies. In 1987, the Petroleum Income Tax Law were added to the corporation's mandate to permit it to tax various petroleum products for consumption. The law was the PNDC Law 188..
According to the Presidential (Transition) Act, 2012 (Act 845), within 24 hours of the declaration of presidential election results, a Transition Team is established. The incumbent president and the President-elect each appoint members to the team, including key officials such as the Head of the Civil Service and the National Security Coordinator.
A patent according to section 1 of the Patent Act, is the right to protect an invention. [15] In the Massachusetts Circuit Court ruling in the patent case of Davoll et al. v. Brown, Justice Charles L. Woodbury wrote that "only in this way can we protect intellectual property, the labors of the mind, productions and interests are as much a man's own...as the wheat he cultivates, or the flocks ...
Members of the organisation are the only persons recognized under the Companies Code (Act 179) 1963, to pursue audits of company accounts in Ghana. It is governed by a council of eleven members who are chartered accountants. The council, headed by a president, holds office for a period of two years.