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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 National Treasury’s bid to raise more revenue suffered yet another blow when MPs rejected the introduction of new legislation targeting bank transfers.
The MPs said yesterday allowing Treasury to tax 0.05 per cent on bank transfers above Sh500,000 would open the door for Government to tax employees' salaries.
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