Sharp Daily
No Result
View All Result
Wednesday, May 6, 2026
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Ndindi Nyoro urges KRA to halt tax hikes without public Input

Brenda Murungi by Brenda Murungi
March 25, 2024
in News
Reading Time: 1 min read

Ndindi Nyoro, the chairperson of the Budget Committee in the National Assembly, has urged the Kenya Revenue Authority (KRA) to refrain from imposing extra taxes on Kenyans without conducting public consultations.

The Kiharu Member of Parliament emphasized the importance of consulting business owners and stakeholders before implementing any alterations to the taxation structure.

“I respectfully ask KRA to note it is important to do public participation before they make changes especially on duties like the one, we saw recently. Call all the stakeholders together and talk to them,” Nyoro said.

He singled out the addition of duties from the current KES 2.5 million to KES 3 million stating that it would negatively affect business who imported goods before the shilling started gaining against the dollar.

“Call the businesspeople and talk to them because some imported goods when the dollar exchange rate was high, and they are suffering. If you add the duty, they will either incur losses or pass over that cost to the consumers.” he stated.

RELATEDPOSTS

Why KRA is going after traders who switch paybill and till numbers to avoid taxes

April 24, 2026

Why KRA can now tax income earned abroad if work is managed from Kenya

April 14, 2026

According to Nyoro, all government agencies including KRA should support businesses in line with the Kenya Kwanza manifesto. “We are a government who supports businesses across the country. All the government agencies, our work is to incentivize businesses and enterprises in Kenya,” Nyoro explained.

The MP also asked the Anti-Counterfeit Authority (ACA) to educated businesspeople on the meaning of the word “counterfeit” to eases their operations. He said ACA should also support businesses in production and allow for emulation to help grow the economy.

Previous Post

Nairobi county plans skyscraper construction with proposed zoning framework

Next Post

Kenyatta University VC warns against scammers targeting the bereaved

Brenda Murungi

Brenda Murungi

Related Posts

Analysis

Safaricom maintains growth momentum as digital services drive earnings

May 5, 2026
News

The role of market efficiency in investment decision-making

May 5, 2026
News

Social media overtakes TV and Radio as Kenya’s top news source

May 5, 2026
News

The role of sovereign credit risk in investment decisions

May 4, 2026
News

Nairobi satellite town land price growth slows as affordability pressures reshape market dynamics

May 4, 2026
News

The rise of retail investors in Kenya

May 3, 2026

LATEST STORIES

Safaricom maintains growth momentum as digital services drive earnings

May 5, 2026

The role of market efficiency in investment decision-making

May 5, 2026

Social media overtakes TV and Radio as Kenya’s top news source

May 5, 2026

NCBA shareholders have until 10 July 2026 to accept Nedbank’s KSh 105 0ffer

May 4, 2026

The role of sovereign credit risk in investment decisions

May 4, 2026

Nairobi satellite town land price growth slows as affordability pressures reshape market dynamics

May 4, 2026

The rise of retail investors in Kenya

May 3, 2026

How branding influences business success

May 3, 2026
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024