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Kenyans warn new punitive tax proposals will hurt investments

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National Assembly Finance Committee Chairman Kuria Kimani (right) and vice chairman Benjamin Langat during the public participation on the Finance Bill 2024. [Boniface Okendo, Standard]

More Kenyans continue to voice their opposition to the proposed Finance Bill 2024, with many terming the tax proposals as punitive and retrogressive.

On the final day of submissions and public hearings in Nairobi that was characterised by heckling and criticism, Kenyans asked the Committee on Finance and Planning to have the Parliament amend or wholly discard the proposed Bill.

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