13 Jun 2013 in National Assembly:
collection of Valued Added Tax (VAT). We, therefore, expect to scale up the ongoing reforms in tax policy and administrative measures, to seal loopholes and ensure sustainability in domestic resource mobilisation. In addition, the estimates of revenue take into account the new tax measures that I will outline later in this Statement. Hon. Members, with respect to expenditure, a total of Kshs1,640.9 billion including contingency provision, county transfer of Kssh210.0 billion and allocation to the Judiciary and Parliament amounting to Kshs16.1 billion and Kshs19.0 billion respectively has been allocated. Of this, gross recurrent expenditure for the National Government is estimated ...
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13 Jun 2013 in National Assembly:
collection of Valued Added Tax (VAT). We, therefore, expect to scale up the ongoing reforms in tax policy and administrative measures, to seal loopholes and ensure sustainability in domestic resource mobilisation. In addition, the estimates of revenue take into account the new tax measures that I will outline later in this Statement. Hon. Members, with respect to expenditure, a total of Kshs1,640.9 billion including contingency provision, county transfer of Kssh210.0 billion and allocation to the Judiciary and Parliament amounting to Kshs16.1 billion and Kshs19.0 billion respectively has been allocated. Of this, gross recurrent expenditure for the National Government is estimated ...
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13 Jun 2013 in National Assembly:
and Kshs106.7 billion net borrowing from domestic market. Hon Members, this means that the fiscal framework for 2013/14 is fully financed. In terms of allocation to county governments, hon. Members, the total allocation to county governments is Kshs 210 billion, of which Kshs 190 billion in equitable share, and conditional grant of Kshs 20 billion. The equitable division of revenue takes into account the functions assigned to the counties as outlined in the Constitution and the factors listed in Article 203 of the Constitution. The Transition Authority has gazetted all the county functions to be performed by county governments, starting ...
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13 Jun 2013 in National Assembly:
and Kshs106.7 billion net borrowing from domestic market. Hon Members, this means that the fiscal framework for 2013/14 is fully financed. In terms of allocation to county governments, hon. Members, the total allocation to county governments is Kshs 210 billion, of which Kshs 190 billion in equitable share, and conditional grant of Kshs 20 billion. The equitable division of revenue takes into account the functions assigned to the counties as outlined in the Constitution and the factors listed in Article 203 of the Constitution. The Transition Authority has gazetted all the county functions to be performed by county governments, starting ...
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13 Jun 2013 in National Assembly:
ii. Encouraging growth of industries for faster development
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13 Jun 2013 in National Assembly:
ii. Encouraging growth of industries for faster development
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13 Jun 2013 in National Assembly:
iii. Further ensuring equity and fairness in our tax system
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13 Jun 2013 in National Assembly:
iii. Further ensuring equity and fairness in our tax system
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13 Jun 2013 in National Assembly:
iv. Deepening tax reforms and enhancing tax administration; and
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13 Jun 2013 in National Assembly:
iv. Deepening tax reforms and enhancing tax administration; and
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