Sunday, December 8, 2024
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The proposed Finance Bill 2024 has been described as a burden for Kenyans and a setback to the economic growth of the country.

In a briefing session organised by Deloitte Kenya to analyse the Finance Bill, 2024, speakers said the proposed amendments will have notable economic and fiscal impacts, in a country where citizens are already feeling the burden of increased taxes.
Deloitte East Africa Tax and Legal Leader Fredrick Omondi said the government measures that increase the tax burden raise significant concerns as they will have the impact of reducing purchasing power and increasing the cost of doing business which will be negative for the mwananchi and the economy at large.
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