[Source: Business Daily, by Constant Munda]
Total tax receipts in the first month of the financial year fell 12.02 percent, mirroring an environment of depressed economic activity hurting business and family earnings.
Revenue statistics published on Friday by Treasury secretary Ukur Yatani showed Kenya Revenue Authority (KRA) collected Sh94.54 billion in taxes in July compared with Sh107.45 billion a year earlier, the lowest receipts since 2017.
The Sh12.92 billion drop in taxes came in…
