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The Finance Bill assented to by President Uhuru Kenyatta on June 30, allowed implementation of the tax measures that could hurt more businesses and Kenyans as well as offer some relief to some entities.
For the first time, the Finance Bill was tabled in the National Assembly for debate and approval on May 6 ahead of the budget reading. And with it, came a raft of new taxes that would enable the government to collect enough revenue to finance the Sh2.7 trillion budget.
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