KRA revenue collection Stories
Initially set at Sh174.6 billion, the expected revenue for the Financial Year 2024-2025 has now been revised downward to Sh70 billion.
Deputy President Kithure Kindiki has directed SHA to roll out the new algorithm by February 28, saying it will make premium contributions more predict...
KRA Board Chairperson Nderitu Muriithi called on Kenyans to continue reporting tax evaders through KRA’s anonymous portal, highlighting the importance...
Treasury Cabinet Secretary John Mbadi on Monday acknowledged the significant impact of the outage on the country's revenue collections.
The tax collection represents 6.7 per cent of the total target, which aims to collect Sh30 billion by June 2025.
The Authority noted that this surpassed the target of Sh101.316 billion, with Agency revenue performing at 121.3 per cent of the target.
The growth is part of a broader 11.1% surge in general revenue collection, contributing to a total of Sh2.407 trillion in the fiscal year.
In October, Chadema will get another opportunity when Tanzanian voters go to the polls to elect their president and members of parliament.
The latest figures show the Kenya Revenue Authority (KRA) missed the tax collection target in the first half ending December 2024 by Sh163.46 billion.
In the following years, revenues are expected to grow, with Sh3.02 trillion targeted for the Financial Year 2025-2026 period and Sh3.42 trillion for ...
The taxman collected Sh1.07 trillion between July and December 2024, falling short of the Sh1.23 trillion required to stay on course to meet the full-...
The adjustment reflects KRA’s efforts to align with CBK’s monetary policy and pass on the benefits of lower market interest rates to taxpayers.
From February, salaried employees will face a doubling of their National Social Security Fund (NSSF) contributions.
The iCMS was designed to modernise Kenya's customs process, bringing greater efficiency to cargo clearance.
The recurrent procurement budget has also been trimmed by Sh527.7 million, from Sh6.2 billion to Sh5.6 billion.
Despite these claims, Kebaso expressed confidence that Kenyans can distinguish between genuine investigations and politically driven attacks, vowing t...
According to the Authority, Kebaso may have committed multiple tax-related offences in connection to alleged undeclared income and failure to meet tax...
Revenue collection challenges have been attributed to underperformance in key tax categories, which has disrupted government operations.
Muriithi also highlighted the importance of building stronger relationships with stakeholders in both the public and private sectors.
