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KRA avoids approval in raising fuel, beer taxes

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[Source: Business Daily, by John Mutua]

The Kenya Revenue Authority (KRA) will increase the taxes of at least 31 products, including fuel, bottled water, juice and beer in October, escaping the need to seek Treasury and Parliament approval in January for the increment.

The taxman will increase the costs of the products by at least 5.43 percent, which will be a blow to consumers already hurt by job cuts and unpaid leave in the wake of the Covid-19 pandemic…

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