JUST IN: KRA Eyes Ksh2.684 Trillion Target as Tax Revenue Hits Ksh1.243 Trillion
The Kenya Revenue Authority (KRA) announced that it had collected Ksh1.243 trillion in taxes during the 2024/2025 fiscal year by December 31, 2024. This amount represents 95.7% of its Ksh1.298 trillion target and marks a 4.5% growth compared to the Ksh1.189 trillion collected during the same period in the 2023/2024 fiscal year. In a statement released on Tuesday, January 28, KRA reported that revenue collected on behalf of the National Treasury (Exchequer revenue) amounted to Ksh1.120 trillion. This collection achieved a performance rate of 93.6% against the target of Ksh1.197 trillion. Additionally, the taxman collected Ksh122.872 billion in agency revenue
The post KRA Eyes Ksh2.684 Trillion Target as Tax Revenue Hits Ksh1.243 Trillion appeared first on Nairobi Wire. Read More