Tue, 06 Feb 2018 08:20:19 +0000 By BUUMBA CHIMBULU THE National Pensions Scheme Authority (NAPSA) has called on Government to declare some of the newly created districts tax free zones as a way of attracting investments in the areas. NAPSA Director-General, Yoland Kachinda, said providing tax incentives for the newly created districts to institutions with planned investments would attract investments in the areas. Mr. Kachinda observed that the areas were not attracting investments due to their locations which made putting up investment difficult and expensive. “Government should also consider exemption of paying withholding tax in rentals for pensions fund such as NAPSA. It should start providing tax incentives to institutions with planned infrastructure investments in the newly created districts. The government could possibly consider declaring some of these districts as tax free zones,” he said Mr. Kachinda was speaking in Lusaka recently when he appeared before a Parliamentary Committee on Transport, Works and Supply focussing […]
Make some new districts tax free zones, says NAPSA chief
