Shakeel Shabbir

All parliamentary appearances

Entries 601 to 610 of 1945.

• 12 Aug 2014 in National Assembly: Hon. Deputy Speaker--- view
• 12 Aug 2014 in National Assembly: Thank you, hon. Temporary Deputy Speaker. From the outset, I would like to support this Bill and the great work that the Committee has done through the Chairman, who is seated next to me here. I think this is one of the finest and effective Committees in this particular Parliament. The Income Tax Act is an old one. We have been trying to update and review it. We need to operationalize and fine-tune this Bill in order to make The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained ... view
• 12 Aug 2014 in National Assembly: it more effective and workable. The amendments that have come through have been looked at in great detail not only by the practitioners, but also members of the Income Tax and Revenue Department. They pointed out the loopholes and where there is ambiguity. The problem in this country is that 80 per cent of the tax collected is raised from the poor and wage-earners. The big companies hardly pay any tax. The amendments that have come through will, hopefully, try and net in some of the big companies which have been using loopholes and delaying tactics to avoid tax payment. ... view
• 12 Aug 2014 in National Assembly: Hon. Temporary Deputy Speaker, however, this Bill has not yet captured in full the operationalization of the Capital Gains Tax (CGT). That is a tax for very rich but, apparently, it is even in the books but nobody wants to collect that tax from the rich. For all the houses that are being built, there is no CGT that has been collected. The houses are being sold and the money goes abroad. Some of that money is “black money” and some of it is money which is collected on very questionable grounds. As I said, those who earn and go ... view
• 12 Aug 2014 in National Assembly: The Competition Bill is also a great one and the amendments that we made are very effective. There was a time that it was the same person who would be importing grain, milling it, wholesaling it, retailing it and making 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. view
• 12 Aug 2014 in National Assembly: the bread. So, the Competition Bill is going to try and deal with such anomalies. There is one particular person who has a monopoly of importing grain in Mombasa and nobody wants to touch him. He got the monopoly but the Competition Bill, if properly implemented, will deal with that. view
• 12 Aug 2014 in National Assembly: There is Accountability Kenya (AK) which was launched not long ago. We want the AK to look and work very closely with the spenders of revenue. We want to also deal with VAT. When VAT used to be reallocated to the counties, they said that they would collect--- How much VAT, for example, is being collected in Kisumu? They would then send back that amount to Kisumu and Mombasa. Likewise right now, most of the income is being collected in Nairobi and yet, the people in Garissa, Kisumu and other places are not collecting income. They are given something free ... view
• 12 Aug 2014 in National Assembly: Hon. Temporary Deputy Speaker, one of the things that hurt me very much is that, despite the fact that the Government said nobody in Government should be driving a Mercedes Benz, people are still driving them. The then Minister for Finance is now our President. He started a very good thing but when you look at all the Cabinet Secretaries, not only here but at the county level, there are so many Mercedes Benzes being driven. So, it appears that the Minister for Finance of a particular Session like the Tenth Parliament is not valued in this Parliament. It is ... view
• 12 Aug 2014 in National Assembly: Finally, the mining and petroleum Acts since 1940’s have been used by colonialists to draw our minerals. I am so pleased to be part and parcel of this effort which is aimed at streamlining the mining, petroleum and other extractive industries. In Turkana lately, a particular group has – I do not know whether I should mention them – has bought blocks very cheaply and gave promises to Turkanas that they will become rich through the oil. They then sell those blocks to somebody else internationally and are not taxed at all. All the obligations that they had have gone ... view
• 12 Aug 2014 in National Assembly: and made sure that, that is sorted out. For example, in Magadi Soda, those people have skinned and milked this country for nearly 50 years and yet, we have seen nothing from Magadi. view