ZAMBIA Revenue Authority (ZRA) Commissioner General Dingani Banda says the authority will not extend the September 30, 2024 deadline for imposition of penalties for non-use of Smart Invoice. And Bank of Zambia Deputy Governor Operations Francis Chipimo has disclosed that efforts to establish a Deposit Protection Fund to safeguard depositors in the event of insolvency have advanced. Speaking, Monday, during a symposium on the 2025 National Budget, Banda disclosed that ZRA had so far on-boarded a total of 19,262 taxpayers on the Smart Invoice system with a total invoice value of K53.1 billion. “A grace period on enforcement of penalties and sanctions for non-use of the Smart Invoice by all Value Added Tax (VAT) registered taxpayers was effected from 1st...