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.
Treasury Cabinet Secretary Henry Rotich is going after extravagant motorists, hitting fuel guzzlers with more excise duty.
As part of his new taxation measures for financial year 2019/20, the CS increased excise duty on vehicles with engine capacity of 1500cc from 20 to 25 per cent. It is the same duty that will be paid by those buying vehicles of an engine capacity of 3000cc, a reduction from 30 per cent that had been introduced in the previous financial calendar.
Premium Article
Get Full Access for Ksh299/Week.
Bold Reporting Takes Time, Courage and Investment. Stand With Us.