While some stakeholders presented suggestions to scrap it out, others are of the opinion that the 2.5 per cent payment on the value of the car is based on the wrong premise.
Businesses fired warning shots at the government predicting job losses and closure of firms in favour of other markets in the East African Community should the Bill be passed as is.
Finance Bill 2024 proposes a raft of taxes across many sectors to raise revenue to finance budget. Stakeholders warn against passing the Bill in its current form, saying it will hurt the economy.
Finance Bill 2024 proposes a raft of taxes across many sectors to raise revenue to finance budget. Stakeholders warn against passing the Bill in its current form, saying it will hurt the economy.