News
MPs Suspends The 16% VAT On Fuel In A Bill Sponsored By Junet Mohammed
The Parliament has this afternoon approved an amendment to Clause18 of the Finance Bill, 2018, sponsored by Minority Whip Junet Mohamed ,suspending the implementation of 16% VAT on fuel,which was to take effect on 1st Sept.2018, for a period of 2 years, citing the high cost of living.
The amendment brought on the finance bill by minority whip Junet Mohammed means that the levy will take effect on September 1, 2020.
The House has further rejected a proposal contained in the Finance Bill, 2018, and adopted by the Committee on Finance & National Planning, seeking the reduction of Gaming Tax from 35% of revenue to 15%. The Gaming tax on revenue remains at 35%.
Kenya Insights allows guest blogging, if you want to be published on Kenya’s most authoritative and accurate blog, have an expose, news, story angles, human interest stories, drop us an email on tips.kenyainsights@gmail.com or via Telegram
-
News4 days agoLupita Nyong’o Shames Tourism CS Balala
-
News2 weeks agoKiambu Senior Principal Magistrate Nyangena Kicked Out Of Office
-
News2 weeks agoHistoric: Donald Trump Has Been Impeached Again
-
Investigations7 days agoUK Has Approved The Extradition Of Sh7.6B Triton Scandal Mastermind Devani Back To Kenya
-
News6 days agoFull Text: Farewell Address of Donald J. Trump, 45th President of the United States of America
-
News6 days agoHow Businessman Was Swindled Sh181M In Fake Laptop Tender Deal At DP’s Office
-
News2 weeks agoTwitter CEO Dorsey Says Banning Trump Was ‘Right Decision’ But Also A ‘Failure’
-
News6 days agoFull Text: Read President Joe Biden’s Full Inauguration Speech As The 46th President Of The United States Of America
