KNCCI calls for tax regulation framework

  • | K24 Video

    The Kenya National Chamber of Commerce is pushing for a structured legal framework to bring stability to Kenya's tax regime. they're advocating for regulations that would govern how taxes are adjusted and introduced, aiming to mitigate the unpredictability that arises with each new finance bill. Today, they've raised concerns about the potential impact of the Finance Bill 2024 on the manufacturing sector, cautioning that it could stifle growth in the industry. Meanwhile, parliament's finance committee is actively engaging in public participation on the bill across different countries.