[File, Standard]Minority Leader in the National Assembly John Mbadi has cautioned Kenya Revenue Authority (KRA) against raising taxes, saying the move will hurt ordinary Kenyans. Speaking to KTN News on June 10 ahead of the 2021-2022 budget reading, Mbadi said the tax collector should instead seal the tax leakages to realise more revenues. He said KRA’s ordinary revenue projection of Sh1.776 trillion can be collected within the current tax regime if more measures were put in place to collect and manage the taxes. “With proper tax management and collection, the country will collect in ordinary revenue the projected Sh1.776 trillion within the current tax regime,” he said. KRA is projecting a total Sh2.039 trillion total revenue projection for 2021-2022 out of this Sh1.776 trillion is ordinary revenue projection.
Source: Standard Digital June 10, 2021 10:16 UTC