Business mogul Narendra Raval fights Treasury over Sh4 billion KRA tax dispute

President William Ruto receives a gift from The Executive Chairman, Devki Group of Companies Dr Narendra Raval's family after commissioning Cemtech Limited Clinker Plant in Sebit, West Pokot County on April 08, 2024. [PCS]

An industrialist is gearing up for a fight with the government over changes to the payment plan in a Sh4 billion tax deal for his two companies.

This comes after the Kenya Revenue Authority (KRA) sought the tax from the businessman, following Treasury Cabinet Secretary John Mbadi’s refusal to use taxpayers’ money to settle the payment.