URA looms in deficit ahead of the closure of the financial year

URA looms in deficit ahead of the closure of the financial year

Uganda Revenue Authority (URA) is expected to close the financial year with a deficit for the second time in as many years. With just less than two months to the close of the financial year of 2020/21, the tax collecting body must collect at least Shs6 trillion to suffice the income inadequacy.  Ms Julie Njuba, the URA assistant commissioner business…