Representatives of banks and shareholders say they are shocked by Tuesday’s decision by Finance Minister, Sosten Gwengwe to impose a selective income tax on banks that make profits of K10 billion or more. The representatives said they are discussing possible legal redress over the decision which comes as Parliament plans to approve the 2023/24 budget […]
The post Finance Minister Gwengwe’s tax decision shocks banks: Accused of imposing selective tax on bank profit appeared first on Malawi Nyasa Times – News from Malawi about Malawi.