Uganda revenue authority (URA) has, lauded Ruparelia Group, for giving back assorted services worth Shs 30 Million to the Taxpayers.
Ruparelia Group led by its chairman, Sudhir Ruparelia is among the companies that has given back millions of shillings that will be used in the forthcoming tax payer’s appreciation week slated for 25th-27th September, 2019.
The week will be held under the theme ‘If everyone pays, no one pays more’ calling every individual to pay taxes as required.
“A really big Thank You to Ruparelia Group for showcasing a heart full of gold. They have given back to the Taxpayer Assorted services worth Shs 30 Million in the spirit of Every Taxpayer Counts.” Reads in part of URA’s message.
Other companies include: Hima cement that handed other 100 bags of cement, Crown beverages among others.
Born in Kabatoro, Kasese District in the Western Region of Uganda to an upper-middle-class Indian Gujarati family, he attended Bat Valley Primary School in Kampala, from P1 to P6, then Jinja Main Street Primary School in Jinja for P7 and Jinja Secondary School. In 1971, he joined Kololo Senior Secondary School.
He moved to the United Kingdom with his parents in 1972 at the age of 16, when the dictator Idi Amin expelled all Asians from Uganda.
He returned to Uganda in 1985, with US$25,000 earned from several casual jobs including working in supermarkets, factories, and butcheries. Ruparelia started selling beer and spirits imported from Kenya.
In 1989, beer importation was banned to encourage local brewing of alcohol and he realized he could not make beer. But since his customers, who were mainly foreigners, paid him in foreign currency, he started Crane Forex Bureau, the first in Uganda. With his profits, Ruparelia ventured into other businesses, including forming Crane Bank in 1995. Later, he organized his businesses under the umbrella of the Ruparelia Group.