All parliamentary appearances
Entries 91 to 100 of 251.
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14 Jun 2018 in National Assembly:
However, during the public consultations on the Bill, members of the public raised concerns on these proposals and were of the view that the higher rates are not appropriate at this time. We have considered these concerns and resolved to revert to the rates contained in the current Income Tax Act. We are finalising the draft Bill then seek approval from the Cabinet before submission to this House by end of July 2018. I propose to make limited amendments to the Income Tax Act with a view to addressing critical issues on revenue gaps and to expand the tax base. ...
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14 Jun 2018 in National Assembly:
tax on insurance premium paid to non-residents, excluding insurance premium paid for insurance of aircraft. The Government is committed to attract investors into the country. To facilitate investment by targeted investors, the Government will provide special fiscal incentives through a special operating framework arrangement that outlines the special conditions and deliverables that are measurable and with specific timeliness that must be met. I propose to develop a framework to introduce special incentives in the VAT Act, Excise Duty Act, and Miscellaneous Fees and Levies Act, and provide a preferential tax rate under the Income Tax Act in order to encourage ...
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14 Jun 2018 in National Assembly:
Hon. Speaker, currently, there is no penalty or interest on payment of taxes in the Betting, Lotteries and Gaming sector, which has led to non-compliance. In order to ensure compliance and prompt payment of taxes, I propose to introduce a 20 percent penalty and 2 percent interest on late payment of tax in the Betting, Lotteries and Gaming Act. This will enhance the collection of these taxes that are meant to support sports, arts, cultural and social development activities in our country. Hon. Speaker, one of the pillars under the Big Four Plan is to promote manufacturing activities. To achieve ...
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14 Jun 2018 in National Assembly:
In order to continue with the initiatives of His Excellency the President on universal health care, we have provided a total of Kshs13.7 billion to further support the Free Maternal Healthcare programme and leasing of medical equipment. In view of the increasing cases of cancer-related deaths, early screening and management is imperative. We have allocated Kshs7.0 billion for leasing of Computed Tomography Scanners Equipment, which will help diagnose the disease at an early stage and curb cancer deaths. I have also allocated Kshs400 million for the establishment of the Cancer Institute. Hon. Speaker, other allocations to improve health service delivery ...
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14 Jun 2018 in National Assembly:
allocated Kshs6.5 billion for Police and Prison Officers Medical Insurance Scheme, and Group Life Insurance for Police. Hon. Speaker, with regard to infrastructure as an enabler, to further enhance movement of Kenyans and reduce the cost of transportation of goods, I have allocated a total of Kshs115.9 billion for on-going road construction projects, and Kshs74.7 billion for construction of Phase II of the SGR. I have also allocated Kshs2.7 billion for the Mombasa Port Development Project and Kshs1.4 billion for the expansion of Malindi, Isiolo and Lokichoggio airports, and Kabunde, Kakamega, Kitale and Migori airstrips. In addition, I have set ...
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14 Jun 2018 in National Assembly:
Hon. Speaker, the provision of quality and relevant education and training is critical in equipping Kenyans with skills necessary for industrialization. For this reason, the Government will focus on improving and expanding Technical and Vocational Education and Training (TVET) institutes in order to equip the youth with the relevant skills necessary for industrialisation. For this reason, we have allocated Kshs16.0 billion for technical institutions for recruitment of additional 2,000 technical training instructors, capitation grants, 15 new technical training institutes, curriculum development assessment and certification center and Technical Vocational Training Authority; Kshs91.1 billion to support university education and Kshs9.6 billion to ...
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14 Jun 2018 in National Assembly:
Hon. Speaker, we need to further develop our capabilities in the areas of science, technology and innovation. Leading this drive, the Government has spearheaded major The electronic version of the Official Hansard Report is for information purposes only. Acertified version of this Report can be obtained from the Hansard Editor.
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14 Jun 2018 in National Assembly:
Information Communications and Technology (ICT) investments including the expansion of Fiber Optic Backbone Infrastructure across the counties, which has facilitated reliable high-speed networks and supported e-government service and innovation among businesses. In this Budget, Mr. Speaker, Sir, we have further enhanced allocations to support the ICT sector and improve Government service delivery. We have allocated Kshs11.9 billion for the Digital Literacy Programme, Kshs3 billion to support the ongoing construction of Konza Complex, Kshs100 million for Presidential Digital Talent Programme and Kshs310 million for digital migration for Kenya Broadcasting Corporation (KBC). Hon. Speaker, Sir, to support service delivery by Government agencies, ...
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14 Jun 2018 in National Assembly:
Hon. Speaker, we have taken decisive steps to care for and share with the community by enhancing support for the disadvantaged.
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14 Jun 2018 in National Assembly:
Hon. Speaker, under the National Safety Net ( Inua Jamii ) Programme, we have extended cash transfers to vulnerable groups including older persons, Orphans and Vulnerable Children (OVCs) and Persons with Severe Disabilities (PWDs). Hon. Speaker, to further relieve the plight of the less disadvantaged in society, combat poverty and promote equity, the National Safety Net has been enhanced as follows: Kshs7.95 billion for orphans and vulnerable children (OVC); Kshs17.3 billion for cash transfers to the elderly persons and Kshs1.2 billion for cash transfers to persons with severe disabilities. Hon. Speaker, to further support the less fortunate families, we have ...
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