Revenue Bill News In Kenya

The process of revenue sharing among county governments in kenya.

Revenue bill news in kenya. And c a summary of any significant deviation from the commission on revenue allocation s recommendations with an explanation for each such deviation. The new division of revenue bill is expected top be tabled in parliament today. The police have not given reasons for the arrests but senators from team kenya who oppose the revenue sharing formula. B an evaluation of the bill in relation to the criteria set out in article 203 1.

Let s pass the county allocation of revenue bill. Will also keep you hooked with memes gifs. President uhuru kenyatta has signed the 2020 2021 county revenue allocation bill into law paving the way for disbursement of funds from treasury to the counties. Iea 23rd webinar on cra 3rd basis for revenue sharing among counties.

The law allocates counties a total of sh369 87 billion comprising equitable sharable revenue of sh316 5 billion national government grants sh13 7 billion road maintenance levy sh9 4 billion as well as loans and grants sh30 2 billion. The best news website in kenya and africa. Which is the proportion of a population with access to a motorable road within two kilometers based on data at the kenya roads board. Nairobi news is the most trusted website in kenya that provides the latest breaking news entertainment news sports news showbiz and celebrity stories.

The tax laws amendment bill 2020. The revised bill allocating sh316 5 billion to county governments if allowed will go a long way to end standoff. Must read news senators suspend debate on revenue bill to protest. In the notice of motion mr mbadi noted with concern that the delay in the passage of the county allocation of revenue bill possess a great threat to counties in meeting its financial needs.

Kenya revenue act the bill proposes a kshs 500 000 reward to anyone who provides information to kra leading to enforcement of tax laws. Mr mbadi wants the motion to be fast tracked to enable the controller of budget to authorise withdrawal of up to 50 percent from the consolidated fund based on the last county allocation revenue act.