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HomeHomeKenya to Reintroduce Tax Measures in Parliament Aiming to Raise $1.2 Billion

Kenya to Reintroduce Tax Measures in Parliament Aiming to Raise $1.2 Billion

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Pooja Chauhan
Pooja Chauhan
Pooja Chauhan: Your Source for Entertainment and Box Office News Pooja Chauhan is a passionate writer and dedicated journalist specializing in delivering the latest updates and insights from the world of entertainment and box office. With a keen eye for detail and a deep love for cinema, Pooja brings her readers accurate and engaging coverage of all things related to movies, celebrities, and the dynamic world of showbiz. Her commitment to keeping her audience well-informed and entertained makes her a valuable voice in the realm of entertainment journalism. When she's not busy uncovering the latest scoops, Pooja enjoys exploring classic films and indulging in creative writing." Contact us: admin@bollywoodfever.co.in

Kenya plans to reintroduce tax measures in parliament, including an eco-levy, to raise 150 billion shillings ($1.2 billion) despite previous protests. Essential items like sanitary pads to be exempt.

Kenya, Bollywood Fever: Kenya’s government is set to reintroduce tax measures in parliament that were previously withdrawn following deadly protests in June. 

According to Finance Minister John Mbadi, the proposed legislation aims to raise an additional 150 billion shillings ($1.2 billion) to meet the growing demands for government expenditures, Citizen TV reported.

Among the tax proposals to be reintroduced is an eco-levy on most goods, a measure intended to generate significant revenue for the government. 

Kenya

However, the finance minister assured that sensitive products, including sanitary pads, would be exempt from this levy, addressing concerns about the potential impact on essential items.

The decision to revive these tax measures comes as the government faces increasing pressure to fund its expenditure needs, highlighting the delicate balance between revenue generation and public acceptance. 

The proposed tax reforms are expected to be closely scrutinized by both parliament and the public, given the previous backlash that led to the legislation being pulled in June.

As the government moves forward with these proposals, the outcome of the parliamentary discussions will be crucial in determining the effectiveness of the tax measures and their impact on Kenya’s economic landscape.

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