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{
    "id": 1441080,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1441080/?format=api",
    "text_counter": 156,
    "type": "speech",
    "speaker_name": "Kasipul, ODM",
    "speaker_title": "Hon. Charles Ong’ondo",
    "speaker": null,
    "content": " Thank you, Hon. Speaker for giving me this opportunity to allow the voice of Kasipul to be heard. After undertaking a comparative analysis between the Finance Bill of 2024 and the Finance Bills of 2022 and 2023, we hereby voice our rejection of this Bill in totality. I also want to congratulate Kenyans for coming out in advance to demonstrate. This necessitated some amendments that are not a matter of discussing now. I draw the attention of the House to Clause 46. Fuel is a major factor of production. An increase in the Fuel Levy will affect the cost of production. In economical words, it will affect the movement of goods and humans. If we increase the Fuel Levy by 7 shillings per litre of petroleum fuel, the cost of production of essential commodities will increase. I also want to draw the attention of the House to Clause 54 on Value Added Tax (VAT) remittance. Previously, remittances were done within 30 days. This Bill is reducing that period to three days. That means any human resource department in any department will have to employ additional staff, hence more expenses. Clause 48, on Import Declaration Fee (IDF), the proposal is to have it increased from 2.5 per cent to 3 per cent. This will also affect the cost of products since the cost of manufacturing will increase. This will kill industries. The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor."
}