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Treasury CS Rotich unveils his ambitious shs. 3.07B budget

Treasury Cabinet Secretary Henry Rotich Thursday unveiled one of the country’s most ambitious and complex budgets as he unveiled the government’s plan to fund President Kenyatta’s big four agenda.
In presentation that last over two and a half hours Rotich raided the pockets of literally every taxpayer with the biggest casualties being the low income earners in new tax measures to plug the holes in his 3.07trillion budget.
Under the new measures unveiled Thursday, it will now cost you more to transact on the mobile money transfer platforms like Mpesa after Rotich increased excise duty to 12%.
On the flip side manufacturers among other sectors have been handed several incentives to stimulate their growth and spur job creation.

Also read:   Analysts ask President Kenyatta ,Raila Odinga to end stalemate

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