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Kenyan Government Faces Massive Revenue Shortfall Despite Increased Taxes and Citizen Frustration /
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2024-06-16 14:04:53

Kenyan Government Faces Massive Revenue Shortfall Despite Increased Taxes and Citizen Frustration on Nostr: Kenyan Government Proposes Tax Measures to Fund FY 2024/25 Budget =============== ...

Kenyan Government Proposes Tax Measures to Fund FY 2024/25 Budget
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#fdc7bb54 ver:0.24

Kenya's proposed Finance Bill 2024, which includes new and increased taxes, is facing criticism from various groups. The bill is seen as punitive and detrimental to the economy, particularly for the middle class and the poor. Concerns have been raised about the impact on different sectors, including SMEs and e-commerce. Kenyans are calling for a tax code that supports economic growth and is fair to citizens. The government aims to address economic challenges but needs to consider the concerns and ensure equitable tax policies. #Kenya #TaxReform #EconomicStability...

#newstr #Kenya #TaxMeasures #Budget #Revenue #Vat #TaxfreeAllowances #PensionBenefits #AffordableHousingLevy #Shif #ExciseDuty #FinanceBill

https://here.news/story/fdc7bb54?ver=0.24
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