Widening the scope of Income Tax exemption. Granting power to the Minister to grant Exemption on strategic projects without Approval of the Cabinet for specified threshold. Reduction of the minimum Pay As You Earn rate for employees. Enabling depreciation costs calculation on the cost of assets used in international pipelines. Exemption of Skills Development Levy […]
LABOUR LAW UPDATE; A GUIDE FOR TERMINATION ON OPERATIONAL REQUIREMENTS (RETRENCHMENT) TO EMPLOYERS IN TANZANIA
Meaning of Retrenchment and Redundancy What is to be considered on retrenchment The importance of Consultation Method of selection Employee’s terminal benefits 1.0 Introduction During economic hardships Employers must find ways to balance the situation. Financial hardships may be handled by exploring cost-cutting options available for the company. These include reduction in number of workers. […]