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"id": 1441616,
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"type": "speech",
"speaker_name": "Emgwen, UDA",
"speaker_title": "Hon. Josses Lelmengit",
"speaker": null,
"content": "Additionally, this Bill is seeking to increase the disposable income for millions of Kenyans who are employed. The deductions of the Social Health Insurance Fund (SHIF) and Housing Levy will be done on gross salaries. We should note that Pay as You Earn (PAYE) will be deducted after the deductions of SHIF and Housing Levy. I have done calculations. For example, a salaried Kenyan who is earning Ksh50,000 has a net pay of around Ksh39,000 right now. With this new Finance Bill, the same Kenyan earning a gross salary of Ksh50,000 will go home with Ksh42,000. There is an addition of almost Ksh3,000. This is for all the salaried employees in Kenya. I agree with the Chairman and the team that came up with this proposal in the Finance Bill. It puts more money into the pockets of employed Kenyans. That is about 13 million Kenyans who are employed in both the public and private sectors."
}