DAR ES SALAAM, July 3 -- ANALYSTS on Wednesday commended the Tanzania Revenue Authority (TRA) for significantly improving operational efficiency through a taxpayer-friendly engagement approach, which contributed to a record-breaking tax collection of 32tri/-in the recently concluded 2024/2025 financial year.
According to TRA, the 2024/2025 FY has seen the collection increasing by 16.7 per cent, reaching 32.2tri/- beyond the set target which was about 31tri/-, the highest record since the inception of the authority in 1996, nearly three decades ago.
More notably, the revenue body surpassed revenue targets in every single month of the financial year, as monthly collection averaged 2.69tri/-.
Speaking to the Daily News, Professor of Econo...
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