By Raffique Shah
September 14, 2014
Nine out of ten people, if asked to comment on Government’s 2014-2015 budget, would quietly, and many grudgingly, say it was a good package.
For the average citizen, what matters most in the annual Appropriation Bill are what new measures strip him (or her) of some portion of his earnings or wealth, meaning taxes or levies, and what new benefits accrue to him by way of increases in grants, subsidies, soft loans and so on.
Continue reading Better bite the bullet now
By Andre Bagoo
September 09 2014 – newsday.co.tt
STATING Government is moving to safeguard the welfare of society, Finance Minister Larry Howai yesterday unveiled a record $65 billion budget. It contained increased benefits on a wide range of fronts, including pension enhancements which will affect more than 131,020 retired and self-employed persons, a new minimum wage, improved allowances for the disabled and easiser access to mortgages for more than 26,100 prospective homeowners.
In the fifth Budget of the People’s Partnership administration, Howai announced:
Continue reading WELFARE BUDGET
By Stephen Kangal
September 11, 2013
The heart and soul, indeed the single most important determining factor in the calculation of the quantum of property taxation for each property is the year in which the requisite rental value -driven valuation was completed and applied. Finance Minister Larry Howai alluded to the fact that by the time residential properties are brought to book again by 2017 the relevant requisite up-to-date valuations will have been completed.
Continue reading There’s is No Solace in the Land and Building Taxes Regime
By Andre Bagoo
September 10 2013
FINANCE Minister Larry Howai yesterday unveiled a $61.4 billion budget, yet again the largest in the country’s history.
The 2014 package — the PP Government’s fourth — includes what the Minister said was also the largest-ever capital programme of $8 billion. However, the deficit projection will shrink relative to overall productivity coming in at $6.3 billion or 3.6 percent of GDP.
Continue reading $61 billion Budget
By Raffique Shah
October 20, 2012
MOST times I stay silent when I listen to people in authority or those who think they know it all say the wildest things. But there are times when I feel compelled to intervene, mostly when I think too much is at stake. This is one such intervention. For many years, but more so since the global food crisis of 2007-08, politicians and governments would vow to put this country’s food production on a growth path that would take us to full food security.
Continue reading Food for Thought
Finance and Economy Minister Larry Howai
By Clint Chan Tack
October 02, 2012 – newsday.co.tt
PEOPLE who drive vehicles fueled by premium gasolene will pay higher prices at the pump from today. A wide range of hefty tax increases was imposed on the local gaming industry as of yesterday and land and building taxes will return.
However orphans, retirees, special reserve police officers and persons involved in home construction are just some groups in society who will benefit from the country’s largest ever budget which Finance and Economy Minister Larry Howai presented in the House of Representatives yesterday.
Continue reading $58B Budget, TT’s Largest Ever
Swearing-In of Cabinet Ministers and Government Senators
New Cabinet to strengthen Government
Government’s parliamentary team has been strengthened with the appointment of veteran politician Ganga Singh as Senate leader, replacing Emmanuel George.
Continue reading Cabinet Reshuffle: New Ministers