Taxman nets Sh178bn revenue in July, August - News Summed Up

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Taxman nets Sh178bn revenue in July, August


This represents a Sh25.47 billion or 16.68 per cent growth, over Sh152.73 billion the taxman collected in the same period of the 2015-16 financial year. The target comprised of Sh1.33 trillion in tax revenues and Sh44.38 billion in non-tax revenues. The government has a budget of Sh2.02 trillion trillion this financial year. The Treasury is targeting a net domestic debt of Sh406.61 billion in the 12 months period to June 2017. The CFS was allocated Sh527.31 billion this fiscal year, and Sh320 million went into payment of salaries and allowances.


Source: The Star September 29, 2016 00:25 UTC



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