JUST IN: KRA Exceeds October Revenue Target by Kes. 6.8 Billion
The Kenya Revenue Authority (KRA) surpassed its October revenue target by Kes. 6.8 billion, achieving a performance rate of 104.6% in domestic taxes. The tax agency collected Kes. 210 billion in October, exceeding its target of Kes. 203.5 billion. According to KRA’s records, the domestic tax department exceeded its revenue target by Kes. 5.93 billion. The department collected Kes. 136.8 billion, surpassing its target of Kes. 130.9 billion. However, certain areas experienced setbacks. Value-added tax (VAT) recorded a negative variance of Kes. 2.3 billion, and domestic excise tax, excise tax on airtime, and excise tax on financial services also saw
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