Tonse Comedy Lies On Tax Free Band, Move Angers Malawians

The newly appointed Finance Minister Felix Mlusu has lied to Malawians that Government will effect a tax free band from K45,000 to K100,000 in the provisional budget, Cables can reveal.

According to a statement from Treasury, the tax free band can’t be effected now because the enabling taxation amendment bill wasn’t presented and passed during the last sitting of Parliament.

The development has not gone down well with Malawians who have since expressed their anger on social media.

On June 30, new Minister of Finance Felix Mlusu announced new measures in the  provisional 2020/21 budget to increase the tax free bracket from MK45,000-MK100,000 along with a proposed increment in the minimum wage from MK 35,000-MK50,000.

But in a statement released on Tuesday the Ministry says the new measures will have to wait for an amendment to the Taxation Act.

“The public may wish to know the National Assembly did not have enough time to deliberate and pass the taxation amendment bill before adjourning sine die,” said Peterson Ponderani, acting secretary to the treasury while reiterating government’s commitment to ensure that the measures are implemented.

Parliament allowed government to spend for the next three months to give the new administration ample time to prepare a budget based on its policies and aspirations.

3 Responses to "Tonse Comedy Lies On Tax Free Band, Move Angers Malawians"

  1. Marcus Garvey   July 7, 2020 at 11:06 pm

    That is one of the aspects you expect from an inexperienced bunch of wannabes on the block. Putting into practice theories is not as easy as explained on the podium. Unfortunately, you don’t go about promising luxury to poverty stricken masses. Expect extensive mass protests than you guys organised. Same people will turn around and present their demands with heavy hearts. Tiona kuti ithe bwanji.

    Reply
  2. saulo maccarthy   July 8, 2020 at 3:32 pm

    liars, bunch of crooks. they seem to be expert liars. they had been lying about covid and only to come back to their senses after winning that intimidating polls characterized by abductions, hackings, beatings, etc of dpp monitors and supporters. to be honest we are good at theory and eating money. they also lied about reducing fertilizer price to k4500 and only telling us that its subsidy, what a shame. we are yet to see every malawian managing 3 meals and 1 million jobs amid corona virus. i can see too many lies accomplished.

    Reply
  3. Nyaphaphi   July 9, 2020 at 12:42 pm

    No wonder this is dpp mouth piece.Wait up to 2025 if indeed you can make it.

    Reply

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