The Impact of Informal Sector Taxation on Revenue Generation in Konduga LGA
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style:
- Recommended for :
- NGN 5000
Background of the Study
The informal sector plays a crucial role in the economy of Konduga LGA, contributing significantly to employment and income generation. However, taxing the informal sector remains a contentious issue due to the sector's unregulated nature and its operators’ resistance to formal taxation. Informal sector taxation has the potential to boost local revenue generation if properly implemented.
The informal sector in Konduga LGA is characterized by micro-businesses, subsistence traders, and artisans. However, the absence of robust policies and enforcement mechanisms limits the government’s ability to harness revenue from this sector. This study examines the impact of informal sector taxation on revenue generation in Konduga LGA, focusing on the challenges and benefits of integrating the informal sector into the tax net.
Statement of the Problem
The inability to adequately tax the informal sector in Konduga LGA has resulted in a significant revenue gap. Poor tax collection mechanisms, low compliance, and administrative inefficiencies hinder efforts to maximize revenue. This study explores the impact of informal sector taxation on revenue generation in Konduga LGA.
Aim and Objectives of the Study
-
To evaluate the impact of informal sector taxation on revenue generation in Konduga LGA.
-
To identify challenges hindering effective taxation of the informal sector in Konduga LGA.
-
To propose strategies for optimizing revenue generation through informal sector taxation.
Research Questions
-
What is the impact of informal sector taxation on revenue generation in Konduga LGA?
-
What challenges hinder effective taxation of the informal sector in Konduga LGA?
-
What strategies can optimize revenue generation from the informal sector?
Research Hypotheses
-
Informal sector taxation does not significantly impact revenue generation in Konduga LGA.
-
Challenges do not significantly hinder effective taxation of the informal sector.
-
Proposed strategies do not significantly optimize revenue generation.
Significance of the Study
This study highlights the contributions of informal sector taxation to local revenue generation in Konduga LGA and provides recommendations for enhancing efficiency and compliance.
Scope and Limitation of the Study
The study focuses on informal sector taxation in Konduga LGA and its effects on revenue generation. Limitations include the sector's dynamic nature and the lack of formal records.
Definition of Terms
-
Informal Sector: Unregulated economic activities outside the formal economy.
-
Taxation: The process of imposing levies on income, goods, or services.
-
Revenue Generation: Income raised by the government through taxation.
Related Project Materials
The Impact of Social Media on Pragmatic Development in Nigerian English: A Comparative Study of Rural and Urban Communities
Background of the study
Social media is transforming linguistic practices across Nigeria, influencing not only vocabulary and syntax but...
DESIGN AND IMPLEMENTATION OF ATTENDANCE MANAGEMENT SYSTEM
ABSTRACT
In this project, the development of an attendance management system using biometrics is proposed. Managing stud...
THE IMPACT OF TELEVISION ADVERTISEMENT ON THE MENTAL DEVELOPMENT OF CHILDREN
Abstract
The general purpose of advertising is to create awareness and educate consumers on the existing product?s prom...
The Impact of Occupational Stress on Mental Health Nurses' Job Performance at University of Maiduguri Teaching Hospital
Background of the Study
Occupational stress is a significant challenge in healthcare, particularly among mental health nurses, due to the...
An investigation into dietary habits and diabetes risk among adults in Rivers State
Background of the Study
Dietary habits play a pivotal role in the development and management of type 2 diabetes. In Rivers State, rapid u...
A Study on the Efficiency of Private-Public Partnerships in Healthcare Service Delivery: A Study of Healthcare Facilities in Katsina State
Background of the Study
Private-public partnerships (PPPs) have been recognized as a strategic model for improving healthcare service del...
EFFECTS OF GULLY EROSION ON THE ENVIRONMENT (A CASE STUDY OF OKO, ANAMBRA STATE)
STATEMENT OF THE PROBLEM
Erosion generally degrades land and affe...
An appraisal of nurses' preparedness for responding to emergency deliveries in primary healthcare centers in Kano State
Background of the Study
Emergency deliveries, including complicated births such as obstructed labor, preterm births, and...
THE ANTIBACTERIAL ACTIVITY ON THREE TYPES OF MEDICATED SOAPS (DETOL, ISOL, TURA) ON STAPHYLOCOCCUS AUREUS FROM WOUND INFECTION
ABSTRACT
This project work was carried out to determine the antibacterial activity of three types of medicated soap on...
An Investigation of the Role of Traditional Festivals in Fostering Community Peace: A Study of Wase Local Government Area, Plateau State
Background of the Study
Traditional festivals have long been central to the cultural and social life of...
