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HomeNewsEconomyEkiti introduces e-receipt to eliminate tax fraud

Ekiti introduces e-receipt to eliminate tax fraud

Ekiti State Government has introduced electronic receipt (e-receipt) as part of reforms in the collection of taxes and revenue generation.

The state Deputy Governor, Chief Bisi Egbeyemi, said the use of e-receipt would block loopholes through which the state revenue finds its way into private pockets.

Egbeyemi disclosed this while hosting the national executive officers of the Chartered Institute of Taxation of Nigeria (CITN) led by its President, Chief Cyril Ede, in Ado-Ekiti.

Egbeyemi said that with the introduction of e-receipt, no revenue officer in the state was permitted to take cash from members of the public.

He explained that Ministries, Departments and Agencies (MDAs) have been directed to stop using manual receipts and key into the new e-receipt regime consequent upon the introduction of the Treasury Single Account (TSA).

The deputy governor warned people of the state against patronizing middlemen or touts to pay money into any government account.

He added that the government had also introduced the Direct Bank Lodgment System (DBLS) which would assist in blocking leakages and boost IGR of the State.

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According to him, the state government has hired consultants that will be working round the clock to ensure that no revenue will be lost.

Egbeyemi explained that with the engagement of consultants, the state now has two operational electronic platforms which are the Auto-reg and e-receipt centre.

He stated that Gov Kayode Fayemi’s administration was more determined to boost the state’s Internally Generated Revenue (IGR) to reduce dependence on federal allocations.

Egbeyemi also called on the people to assist the administration by paying their taxes as and when due to assist the government to provide better service and more social amenities.

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