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The Standard e-Paper
Kenya's Bold Newspaper
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
The Kenya Revenue Authority (KRA) will reassess profits declared by banks for a fresh tax computation.
Banks have used the rise in bad debts, which are loans that have not been serviced for over 90 days, to declare lower than expected profits and subsequently, taxes.
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