IDs prove very useful for petty traders-TRA
Dar es Salaam, July 14 -- THE introduction of Identity Cards (IDs) for petty traders ('Machinga IDs') has yielded positive results, enabling some of them to expand businesses and accessing commercial lo
Tanzania Revenue Authority (TRA) Taxpayer Services and Education Director Richard Kayombo told the 'Daily News' at the just ended Dar es Salaam International Trade Fair (DITF) that some of the traders have recorded an increase in sales and business growth, in addition to conducting their businesses peacefully.
"For those who sell products worth 11,000/-and above in a day qualify to obtain Taxpayer Identification Number (TIN), thereafter making it easy for them to get business licenses and loans from several financial institutions," Mr Ka...
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