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Sudhir Ruparelia, Meera Investments top URA’s list of rental income taxpayers in Uganda

Matooke Republic by Matooke Republic
July 17, 2019
in Business
Reading Time: 4 mins read
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The Uganda Revenue Authority (URA) announced on Monday that it had exceeded their target of revenue income for the financial year 2018/19 collecting Shs16,617.65bn of the projected Shs16,358.76 bn.

The taxman attributed the 15% leap to the tax compliance of several businesses and individuals. As a token of appreciation, URA released a list of the most complaint rental income real estate companies and individuals that put tycoon Dr Sudhir Ruparelia and his company, Meera Investments a mile above the competition in filing their returns.

Meera Investments – the leading property developer in Uganda owned by the Ruparelia Group topped the list of 25 non-individual taxpayers while Sudhir Ruparelia was pipped by Alnasir Hussein Habib to come second in the top individual rental taxpayers category.

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Meera Investments has since 1994 been in the business of building and maintaining commercial, residential properties as well as several warehouses in Uganda and beyond.

Top 25 Non-Individual-Rental income taxpayers:

1.Meera Investment Limited

2.Golf Course Group Limited

3.BIDCO Uganda Limited

4.British American Tobacco Uganda

5.The Jubilee Investments Company

6.PDM(Uganda) Limited

7.Capital Shoppers Limited

8.Megha Industries (U) Ltd

9.Mukwano Industries (U) Ltd

10.KIBAO Investment Co Ltd

11.TPS (Uganda) Limited

12.Uganda Development Bank Ltd

13.Tembo Steels (U) Ltd

14.International Holdings Uganda Limited

15.Imperial Group of Hotels Limited

16.UAP Oldmutual Insurance Uganda Limited

17.Shoprite Checkers Uganda Limited

18.Jesani Construction Limited

19.Multiple I.C.D Limited

20.DFCU Limited

21.JMP Investments Limited

22.MULCO Textile Limited

23.Ministry of Energy and Mineral Development

24.NADIMS Limited

Naguru Services Apartments owned by Meera Investments.

Top 25 Individual rental Income taxpayers:

1.Mr. Alnasir Virani Gulam Hussein Habib

2.Dr. Sudhir Ruparelia

3.Mr. Mohammed Hussein

4.Mr. Virani Amin

5.Ms. Nakayima Janat

6.Mr. Karia Pradip

7.Mr. Nipun Bhatia

8.Mr. Karia Minex

9.Mr. Lubega Charles

10.Mr. Kassim Moyez

11.Mr. Karia Kunnal

12.Mr. Abdul Hamid Mohamad Karim Hirji

13.Ms. Virani Aisha

14.Mr. Aziz Damani Abduhamid Hirji

15.Ms. Karia Rita

16.Ms. Karugaba Alice

17.Mr. Hudani Alykhan

18.Ms. Sophy Nantongo

19.Mr. Mpoza Eron

20.Mr. Tumwesigye Mustapha

21.Ms Thakrar Nita

22.Mr. Musisi Fredrick

23.Mr. Muwonge John

24.Mr. Karan Dayaiji

25.Mr. Kirumira Godfrey

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