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Government asks parliament to discuss Development Fee  - Daily News Egypt

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Government asks parliament to discuss Development Fee 

We will start studying the bill tomorrow: Planning Committee head


Parliamentary sources said that the government has asked the House of Representatives’ Budget and Planning Committee to start discussing the draft law of the Development Fee, which was postponed during the last two legislative sessions.

The committee has made amendments to the government’s bill that amends some provisions of law No. 147 for 1984 to impose a fee for the development of the state’s financial resources.

The amendment aims to move the prices of some fees, including passports, arms licenses, and the residency of foreigners, as well as mobile services, quarries, car licenses, and work permits.

Head of the committee, Yassir Omar, said that they will begin discussing the bill on Monday to study the amendments made by State Council to the bill.

The project submitted by the government to the committee provided that the state will receive an amount of EGP 200 on work permits issued to work abroad or in any foreign entity or project in Egypt, as well as EGP 400 per year for renewal.

The committee refused the specified fee of EGP 200 and reduced it by 50%, while it raised the annual renewal fee to EGP 500.

The bill also suggests raising the passenger car licensing fees and links the value to the engine capacity.

Sources in the committee said that cars with engines of 1,330 CC or less will have licensing fees equivalent to 0.5% of the price, down from 1.5%. The committee kept the same rates set by the government for cars of 1,330 CC to 1,630 CC at 2%, 2.25% for cars over 1,630 CC, and 2.5% for cars with engine capacities above 2,030 CC.

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https://www.dailynewsegypt.com/2017/11/05/government-asks-parliament-discuss-development-fee/
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