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Relief To Kenyans As The Goverment Does This On Petroleum Products

Today, kenyans have been handed some good news. This came in after reports emerged on what the goverment through the Kenya Revenue Authority has done to the petroleum products in the country.

As reported by the NTV News, the goverment through Mr Githii Mburu, the commisioner of KRA have announced that they are going to exempt the petroleum products from the current 6.3 percent inflation adjustment of excise duty. According to them, they have decided to do this because the prices of petroleum products is already high. This means that the prices will not rise anymore.

This will be a relief to kenyans as the prices of some products which have been affected by this 6.3% inflation adjustment of excise duty has gone up. Among these products are; bottled water, juice and sugar confections.

"Kenya Revenue Authority (KRA) Commissioner General Githii Mburu has on Monday announced that only petroleum products will be spared from the 6.3 percent inflation adjustment of excise duty.Speaking during the launch of the Taxpayers Month, Mburu asserted that KRA has issued a legal notice for publication and that it ought to have done so today or over the weekend, but did not provide an effective date." Said the reports.

Content created and supplied by: The-Sky-News (via Opera News )

KRA Kenya Revenue Authority Kenyans Mburu NTV News

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