Ruto Signs Finance Bill 2025 into Law

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    President William Ruto has signed the Finance Bill 2025 into law, with implementation set for July 1. The new law introduces major changes to tax laws, including income tax, VAT, excise duty, and stamp duty, aimed at boosting revenue for the 2025/26 fiscal year. Ruto also assented to the Appropriations Bill 2025, allowing the National Treasury to allocate Ksh 1.88 trillion for government services through June 2026.