Topic: Finance Bill
Kenyans brace for pricier diapers, sanitary products, fertilisers as new tax bill eyes essential goods
Nov 06, 2024 at 12:00 AM
Kenyans may soon feel a heavier hit on their wallets as the Treasury unveils a bill that could drive up costs on essential items like diapers, sanitary towels, tampons, and fertili...
8 key tax measures Govt is seeking to reinstate from rejected Finance Bill 2024
Nov 04, 2024 at 07:17 PM
In a renewed effort to plug the revenue gaps left by the repealed Finance Bill 2024, the government is set to reintroduce eight notable tax measures that had previously ignited wid...
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Landlords, professionals brace for new tax measures as Treasury unveils reforms
Oct 17, 2024 at 12:07 PM
Professionals in private practice and landlords are poised to enter a new era of taxation as the National Treasury unveils plans aimed at ensuring a fairer contribution from these ...
Treasury eyes tax-free pension for Kenyans over 50 in major relief push
Oct 17, 2024 at 08:35 AM
The National Treasury is working on a proposal that could allow Kenyans aged 50 and above to access their pension funds without paying income tax, offering significant relief to re...
Kenyans to benefit from reduced VAT, tax relief as Govt unveils new budget plans
Sep 10, 2024 at 10:03 AM
The government has unveiled a significant economic reform package that could provide much-needed relief to struggling households and businesses....
Mbadi hints at resurrecting rejected Finance Bill 2024 proposals to fill Sh150 billion deficit
Aug 19, 2024 at 10:38 PM
Treasury Cabinet Secretary John Mbadi has signalled a potential return of controversial tax proposals as the government grapples with a yawning fiscal deficit....
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MEWS: City cat owners to pay Sh200 in annual license fee in proposed regulation
Jul 24, 2024 at 12:34 PM
Cat owners in the city might soon be required to license and vaccinate their pets, under new regulations introduced by the Nairobi County Government....
SRC suspends salary review for all public servants amid fiscal crunch
Jul 18, 2024 at 03:03 PM
The Salaries and Remuneration Commission (SRC) has announced a freeze on salary reviews for all public officers, excluding State officers, for the 2024/2025 financial year....
Sh20 billion budget cut for counties as Ruto declines to sign revenue bill
Jul 16, 2024 at 05:54 PM
County governments are facing a budget squeeze after President William Ruto declined to assent to the County Allocation of Revenue Bill, 2024....
Moody's downgrades Kenya's credit rating after Ruto's Finance Bill 2024 flop
Jul 09, 2024 at 10:56 PM
Kenya's creditworthiness has been downgraded by Moody's Ratings, a leading credit rating agency, reflecting concerns about the government's ability to manage its finances....
What Ruto Cabinet discussed in its post-protests crisis meeting
Jul 04, 2024 at 07:11 PM
In a significant meeting held on Thursday at State House Nairobi, the Cabinet, chaired by President William Ruto, tackled a range of crucial national issues....
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Stanbic Bank reports sharp decline in Kenya's business activity amid economic uncertainty
Jul 04, 2024 at 03:39 PM
The Stanbic Bank of Kenya's latest Purchasing Managers' Index™ (PMI®) data reveals a substantial downturn in Kenyan business activity in June, influenced by ongoing economic cha...
Government to bear expenditure cuts after Ruto signs Appropriations Bill
Jun 29, 2024 at 12:16 AM
Both levels of government—the National and County Governments—will now bear the financial strain following President William Ruto's signing of the Appropriations Bill 2024....
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Health CS Susan Nakhumicha announces new registration date for SHIF
Jun 28, 2024 at 10:54 PM
Health Cabinet Secretary, Susan Nakhumicha, announced the start of registration for the Social Health Authority (SHA) beginning Monday....
How businesses in Nairobi CBD, other towns were paralyzed for yet another day
Jun 28, 2024 at 11:21 AM
Discontent over Kenya's Finance Bill 2024 that morphed into anti-government/William Ruto campaigns boiled over into widespread protests on Thursday, crippling business activity in ...
Ruto climbs down on Finance Bill 2024 as youth threaten more protests
Jun 26, 2024 at 10:00 PM
President William Ruto has opted not to sign the Finance Bill, 2024, sending shockwaves through Parliament as they prepare to adjourn for recess this Wednesday....
UN Secretary General Guterres warns Kenya over clampdown on protesters
Jun 26, 2024 at 12:51 PM
United Nations Secretary-General António Guterres has expressed profound sorrow regarding the casualties resulting from recent protests in Kenya....
President Ruto ignores lamentations by Kenyans, vows to increase taxes further
May 15, 2024 at 01:43 PM
In a startling declaration, President William Ruto unveiled the government's intention to heighten taxation on Kenyan citizens, citing a pressing need to alleviate the country's de...
Accountants ask Govt to end double taxation on personal income
Oct 06, 2023 at 10:24 PM
The Institute of Certified Public Accountants of Kenya (ICPAK) and consultancy firm Deloitte have appealed to Parliament to amend existing tax laws to ensure that taxes and levies ...
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