Minister of Planning, Economic Affairs and Development Kennedy Swaratsingh, responding on behalf of the Finance Minister says, just over 132,000 people paid property tax... and he revealed the total sum collected.
00:00Minister of Planning, Economic Affairs and Development, Kennedy Swarad Singh, responding on behalf of the Finance Minister, says just over 132,000 people paid property tax and he revealed the total sum collected.
00:15I have been informed that the total number of persons who paid property tax as of May 2, 2025 was 132,124 persons.
00:30Sponsor question number two, part number two of the question.
00:33Mr. President, the total sum of property tax collected as of May 2025 was $135,534,838.81.
00:46The Minister said the funds were deposited through different means, including commercial banks, which were then transferred to the exchequer account at the central bank.
00:55As for how these funds were distributed to the regional corporations?
01:00Arima Borough Corporation, $4,616.
01:05Total payment received, $3,957,841.67.
01:14The Minister was asked to circulate the rest of the answer to the Senate.
01:40Opposition Senator Faris Al-Araoui showed clarity on the government's future plan.
01:44Whether the property tax will continue going forward?
01:51Your Honourable Minister, planning and development.
01:56Mr. President, pursuant to government policy, this will be eliminated in the future.
02:03By way of supplementation, in accordance with the answer just received, would there be refunds in respect of payments made as particularized today?
02:18The Honourable Minister.
02:19Mr. President, that matter will be dealt with by the Minister of Finance at the appropriate time, but as far as I am aware, this matter was asked by the Minister of Finance and answered in a subsequent interview.
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