Finance Minister Dookeran addressing.
4:15 - Total revenue TT$47B Total Expenditure TT$56B. 52% met from domestic borrowing, remainder from external sources.
4:13 - Works B Training TT$8.6B, Health TT$4.7B, National Sec TT$5.1B, Housing TT$1.9B.
4:10 - 28 non - oil 7.8B deficit.
4:08 - No new taxes.
4:07 - Penalties for late filing will be waived until 30th June, 2012. Late filing fee will then be changed to TT$500 per annum versus TT$100 per month.
4:02 - Increased penalties for gaming industry.
4:01 - VAT qualification to raise from TT$250,000 to TT360,000.
4:00 - BIR will be given authority to issue electronic invoicing.
3:58 - Reductions for import duties and investment for CNG stations and motor vehicle installations.
3:55 - Greater penalties/fines for contravening the petroleum act.
3:55 - CNG licencing increases.
3:53 - Annual Licencing increases to $1,000 for gas stations selling TT$1M, TT$2,000 TT$1M to TT$5M, TT$4,000 annual licence ...