- 14 views
You are among the biggest losers in this year’s budget following an increase of Value Added tax on petroleum products from 8 percent to 16 percent, which is likely to impact on the price of goods and services. National Treasury Cabinet Secretary Prof. Njuguna Ndung’u has also introduced two new tax bands with those earning earning half a million shillings to be taxed at 32 percent while those earning 800,000 shillings will be taxed at 35 percent. Connect with KBC Online; Subscribe to our channell: https://t.ly/86BKN Follow us on Twitter: https://twitter.com/KBCChannel1 Find us on Facebook: https://www.facebook.com/kbcchannel1news Check our website: https://www.kbc.co.ke/
#kbcchannel1 #budgetke2023 #primeedition
Price of goods and services likely to go up as VAT on petroleum products shoots from 8 to 16 percent
- 22 May 2024 - More than 600,000 students who qualified for placement in institutions of higher learning did not apply for any of the slots available this year.
- 22 May 2024 - The Ministry of Health is now blaming the Treasury for the vaccine crisis in the country.
- 21 May 2024 - Thousands of employees in all the 47 counties have not been received their salaries as a cash crunch hits the devolved units.
- 21 May 2024 - Two men were on Tuesday arraigned before a Narok court and charged with two counts of ferrying donkeys without a veterinary officer’s permit after police intercepted 81 donkeys destined for an illegal slaughterhouse in the area on Monday.
- 21 May 2024 - Deputy President Rigathi Gachagua has vowed to continue with his mission to unite the Mt. Kenya region despite opposition from some quarters.
- 21 May 2024 - Former Governors could soon find themselves appearing before the Senate oversight committees to respond to queries by the Auditor General that point to outright theft of public funds.
- 21 May 2024 - President William Ruto on Tuesday visited the Tyler Perry Studios in Atlanta, Georgia. The head of state, who is on the second day of his state visit to the US, also met celebrated TV host Steve Harvey. Ruto was accompanied by First Lady Rachel Ruto,…
- 21 May 2024 - The moderator had invited him to speak ahead of Trade CS Rebecca Miano.
- 21 May 2024 - Two former Embakasi South National Government Constituency Development Fund (NG-CDF) employees have been convicted of Ksh.2,199, 823 fraud.
- 21 May 2024 - These are the stories making the headlines in the Star