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{
    "id": 1079733,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1079733/?format=api",
    "text_counter": 191,
    "type": "speech",
    "speaker_name": "Roysambu, JP",
    "speaker_title": "Hon. Isaac Ndirangu",
    "speaker": {
        "id": 2701,
        "legal_name": "Isaac Waihenya Ndirangu",
        "slug": "isaac-waihenya-ndirangu"
    },
    "content": ", because we intent to promote and protect the boda boda industry for ease of communication. Every year, Kenya is registering about 20,000 boda bodas. They have been very helpful in linking Kenyans to points of destination or market places. We also wish to inform you and the Members that in the proposed amendments, KRA seeks to increase the maximum reward to a person who provides information leading to identification of unassessed taxes from Kshs 100,000 to Kshs 500,000 and information leading to recovery of up to Kshs 2,000,000. The proposed amendment seeks to increase the maximum reward to a person who provides information leading to identification of unassessed taxes from Kshs 100,000 to Kshs 500 000 and information leading to recovery from Kshs 2,000,000 to Kshs 5,000,000. The informer reward is an important component of enhancing tax compliance as it encourages informers to provide intelligence. We are also supporting RBA with an amendment which seeks to include post-retirement medical cover in the definition of Retirement Benefit as used in the RBA Act, in order to facilitate the authority to formulate regulations for registration and regulation of stand-alone and umbrella post-retirement medical funds. The proposed amendment seeks to require corporate trustee that provide services to pension schemes to be registered by RBA for the purpose of regulating them."
}