Finance committe wraps up public participation of Finance Bill 2024

The Kenya Renewable Energy Association has protested proposed standard rating of renewable energy equipment including windmills and solar panels

According to the association, their products are often consumed by the marginalized members of the society thus the proposal would inflict more pain to the already overburdened Kenyans

Castigating the tax on solar batteries, one David Njuki added the tax goes against the govt ambitious plan of transitioning to green energy.

Njuki was speaking on the last day of the public participation drive being conducted by the finance and national planning committee at the KICC.

The chairman of the finance and national planning committee Molo MP Kuria Kimani has assured Kenyans that the their inputs on the tax proposals anchored in the bill will be taken into consideration

This, as Kimani said the memoranda, will be used to balance revenue mobilization measures to finance the sh. 3.9 trillion 2024/2025 budget

The committee has sat for 15 days to gather the memoranda as is set to retreat for report writing before it is tabled in the house plenary for debate by the members of parliament against the June 30th deadline

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