Julisha Digital
Julisha Digital
June 20, 2025 at 08:55 PM
๐Œ๐๐ฌ ๐๐š๐ฌ๐ฌ ๐…๐ข๐ง๐š๐ง๐œ๐ž ๐๐ข๐ฅ๐ฅ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ“ ๐€๐Ÿ๐ญ๐ž๐ซ ๐‚๐ฎ๐ญ๐ญ๐ข๐ง๐  ๐Ÿ‘ ๐‚๐จ๐ง๐ญ๐ซ๐จ๐ฏ๐ž๐ซ๐ฌ๐ข๐š๐ฅ ๐‚๐ฅ๐š๐ฎ๐ฌ๐ž๐ฌ Parliament has passed the Finance Bill 2025 after scrapping several controversial clauses that had triggered public outcry. The Bill, which is now headed to President William Ruto for assent, aims to raise Ksh25 billion to fund the 2025/26 budget. Among the clauses deleted was a proposal by the Kenya Revenue Authority (KRA) to access personal data for tax compliance โ€” a move that MPs said posed serious privacy concerns and failed to meet constitutional standards. The National Assemblyโ€™s Finance Committee also dropped a proposal to revise Pay As You Earn (PAYE) tax bands and rates, along with planned changes to statutory deductions such as the NSSF and the housing levy, citing an ongoing review by the Treasury. The amendments come in the wake of increased public scrutiny, especially from the youth-led Gen Z protests that pushed back against last yearโ€™s Finance Act. Lawmakers say the deletions were necessary to protect constitutional rights and maintain public trust in the tax system.
Image from Julisha Digital: ๐Œ๐๐ฌ ๐๐š๐ฌ๐ฌ ๐…๐ข๐ง๐š๐ง๐œ๐ž ๐๐ข๐ฅ๐ฅ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ“ ๐€๐Ÿ๐ญ๐ž๐ซ ๐‚๐ฎ๐ญ๐ญ๐ข...

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