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    A petrol station worker fuels a car along Kimathi street on July 14 2019,after the Energy and Petroleum Regulatory Authority (EPRA) announced new retail pump prices of petroleum products effective from July 15 to August 14, 2019.price of super petrol increase by Sh0.29 per litre while diesel and kerosene decreased by Sh0.88 and SH2.31 per litre respectively.PHOTO|SILA KIPLAGAT

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    Victor Yaw Asante, FBNBank Ghana MD

    Banks will continue to innovate to meet customers’ expectations – FBNBank’s MD

    6th CEO’s Summit pushes for ease of doing business law to boost economic growth

    Policy rate likely to be increased to tame inflation – Databank CEO

    Banking Consultant bemoans continuous charging of unfair fees by banks

    Chamber of IPPs disappointed over ECG’s tariff increase request

    A comprehensive storage strategy will deal with post – harvest losses & inflation – CSIR

    A petrol station worker fuels a car along Kimathi street on July 14 2019,after the Energy and Petroleum Regulatory Authority (EPRA) announced new retail pump prices of petroleum products effective from July 15 to August 14, 2019.price of super petrol increase by Sh0.29 per litre while diesel and kerosene decreased by Sh0.88 and SH2.31 per litre respectively.PHOTO|SILA KIPLAGAT

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    Transactions to be affected by E-levy

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RGD cracks the whip on defaulting companies today

bycitibusinessnews
October 3, 2016
in Government, Local Economy, Top Stories
Mrs. Jemima Oware -  Registrar General

Mrs. Jemima Oware - Registrar General

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The Registrar – General’s Department will to today begin the enforcement of penalty on filing of annual reports for companies.

According to the Registrar – General’s Department, all companies who failed to file their annual returns will be made to pay 25 penalty units, amounting to 300 cedis for each day that the default continues.

This comes after the department last August extended the enforcement of penalty for the registration of companies from Monday August 1 to Monday October 3, 2016 due to a strike  by the Civil and Local Government Service Staff Association of Ghana (CLOSSAG).

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Speaking to Citi Business News the Acting Registrar – General at the Registrar – General’s Department Mrs. Jemima Oware told  Citi Business News the department will not extend services to companies who have failed to file their returns by today.

“If you are freshly incorporated you have 18 months to file your first returns after incorporated and then is yearly thereafter. Let me say we had to postpone the enforcement of the penalty due to the strike by CLOSSAG and there was no staff to receive the returns.  That is why we gave almost the three months grace period hoping that people will take advantage and ensure that they file their returns, “she said.

“But what is interesting is that it looks like a lot of them went to sleep and did not file their returns as expected,” she added.

Mrs. Oware further explained that “we will continue to enforce the penalty as per the laws and also if you come and file any document at the department it will not be worked on. Work on documents filed will be on only those who have filed returns update.”

–

By: Norvan Acquah – Hayford/citibusinessnews.com/Ghana

 

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