Finance Committee members decline to lower Railway Levy

Show Business and Finance Publications

Thu, December 5, 2024

[ Thu, Dec 05th 2024 ]: Bill Williamson

FTSE 100 LIVE: London stocks muted as Vodafone merger gets green light and bitcoin hits $100k

[ Thu, Dec 05th 2024 ]: Bill Williamson

Marriage and expenses: Curious about impact on ex .. to work after tying the knot. How should I plan?

[ Thu, Dec 05th 2024 ]: Bill Williamson

Finance Adviser launches SICIP

[ Thu, Dec 05th 2024 ]: Bill Williamson

US Services Activity Expands at Slowest Pace in Three Months

[ Thu, Dec 05th 2024 ]: Bill Williamson

Shell and Equinor tie-up to create new UK oil and gas producer

[ Thu, Dec 05th 2024 ]: Bill Williamson

Bitcoin storms above $100K, sees value more than double in 2024

[ Thu, Dec 05th 2024 ]: Bill Williamson

Rukam Capital's Archana Jahagirdar On Backing India's Next Wave Of Consumer Startups

[ Thu, Dec 05th 2024 ]: Bill Williamson

Unlocking the economic potential of internally di .. laced persons in Africa; private sector solutions

[ Thu, Dec 05th 2024 ]: Bill Williamson

The Cellar in Anstruther reopens with a Spanish twist

[ Thu, Dec 05th 2024 ]: Bill Williamson

Building a climate-resilient energy sector in Nigeria: Challenges and recommendations

[ Thu, Dec 05th 2024 ]: Bill Williamson

Optimism among SMEs at highest level in over a year - Linked Finance

[ Thu, Dec 05th 2024 ]: Bill Williamson

Intel's CEO shake-up puts foundry plans, CHIPS Act cash at risk

[ Thu, Dec 05th 2024 ]: Bill Williamson

Brookfield-backed debt collection giant Panthera finds new owner

[ Thu, Dec 05th 2024 ]: Bill Williamson

Zingers and a pile of votes

[ Thu, Dec 05th 2024 ]: Bill Williamson

ADIB announces the 7th Edition of EFICA: Pioneering Innovation in Ethical and Islamic Finance

[ Thu, Dec 05th 2024 ]: Bill Williamson

Sir Peter Mason, civil engineering supremo who led Balfour Beatty and Amec among other companies

[ Thu, Dec 05th 2024 ]: Bill Williamson

How the world's biggest offshore wind company was blown off course

[ Thu, Dec 05th 2024 ]: Bill Williamson

Digitisation becomes Africa's great equaliser in financial services

[ Thu, Dec 05th 2024 ]: Bill Williamson

Online Applications for Admissions-2025 Closing S .. Flagship MBA, Executive MBA, and MMS-BF Programs

[ Thu, Dec 05th 2024 ]: Bill Williamson

Saudi COP16 Presidency Calls on Private Sector to .. Funding Amid Land Restoration Finance 'blackhole'

[ Thu, Dec 05th 2024 ]: MSN

Cancer Daily Horoscope Today (June 21 - July 22) December 5, 2024: Attractive proposals will come!

[ Thu, Dec 05th 2024 ]: AOL

Intel's CEO shakeup puts foundry plans, CHIPS Act cash at risk

[ Thu, Dec 05th 2024 ]: MSN

Taurus Daily Horoscope Today (April 20- May 20), December 5, 2024: Closed ones will be happy!

[ Thu, Dec 05th 2024 ]: The Star

Finance Committee members decline to lower Railway Levy

[ Thu, Dec 05th 2024 ]: moneycontrol.com

TruCap Finance Consolidated September 2024 Net Sales at Rs 57.65 crore, up 35% Y-o-Y

[ Thu, Dec 05th 2024 ]: Hoteliermiddleeast.com

Taj Dubai has two new hires in the finance and sales and marketing departments

[ Thu, Dec 05th 2024 ]: Zawya

SME finance in the Middle East: the shift towards digital solutions

[ Thu, Dec 05th 2024 ]: Bill Williamson

National Bank of Canada reports rise in profits as it looks to closing CWB deal

Wed, December 4, 2024

[ Wed, Dec 04th 2024 ]: Bill Williamson

Arnault Son Is Tapped To Lift LVMH's Spirits Unit

[ Wed, Dec 04th 2024 ]: Bill Williamson

StanChart sets $200 billion new wealth assets target, focuses on Chinese and Indian wealthy

[ Wed, Dec 04th 2024 ]: Bill Williamson

Can you get a business credit card without a business?

[ Wed, Dec 04th 2024 ]: Bill Williamson

Environmental Disclosures: The New Corporate Finance Frontier

[ Wed, Dec 04th 2024 ]: Bill Williamson

Extra funding for NHS outlined in Scottish Budget

[ Wed, Dec 04th 2024 ]: Bill Williamson

Business news December 4 (Highlights): Mazagon Dock issues clarification on Project 75

[ Wed, Dec 04th 2024 ]: Bill Williamson

Accountancy people moves: November 2024

[ Wed, Dec 04th 2024 ]: Bill Williamson

Far from a bazooka, China's stimulus measures are just trickling through the economy

[ Wed, Dec 04th 2024 ]: Bill Williamson

How South Korean leader botched bid to impose martial law

[ Wed, Dec 04th 2024 ]: Bill Williamson

Trump picks former SEC commissioner Paul Atkins to run agency

[ Wed, Dec 04th 2024 ]: Bill Williamson

Lawyers battle over which firm represents Eletson in New York courts

[ Wed, Dec 04th 2024 ]: Bill Williamson

Meet the new Trump administration staffers who will shape key US policies starting in 2025

[ Wed, Dec 04th 2024 ]: Bill Williamson

Pledge to scrap two-child benefit cap as Scottish Budget is unveiled

[ Wed, Dec 04th 2024 ]: Bill Williamson

Bank of Nova Scotia (BNS) Q4 2024 Earnings Call Highlights: Record Net Income and Strategic ...

[ Wed, Dec 04th 2024 ]: Bill Williamson

"Makes economic sense": Mount Zero Olives on its journey to sustainability

[ Wed, Dec 04th 2024 ]: Bill Williamson

Welcome Steve Russolillo, Chief News Editor

[ Wed, Dec 04th 2024 ]: Bill Williamson

AT&T CEO: If Trump slashes taxes, we will invest more in American infrastructure

[ Wed, Dec 04th 2024 ]: Bill Williamson

Rexas Finance Crypto Price Prediction: Is RXS Really the Next Dogecoin (DOGE)?

[ Wed, Dec 04th 2024 ]: Bill Williamson

Donald Trump picks former Georgia Sen. Kelly Loeffler to lead Small Business Administration

[ Wed, Dec 04th 2024 ]: Bill Williamson

Scottish budget vows to scrap two-child benefits cap

Finance Committee members decline to lower Railway Levy

//business-finance.news-articles.net/content/202 .. ittee-members-decline-to-lower-railway-levy.html

Published in Business and Finance on Thursday, December 5th 2024 at 1:44 GMT by The Star
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

The National Assembly Finance and Planning Committee's report on the Tax Laws (Amendment) Bill 2024 recommends the levy to be capped at two per cent, 50 basis lower than the initial proposal of 2.5 per cent and higher than the current rate of 1.5 per cent.

The Finance Committee members in Kenya have declined to lower the railway development levy, asserting that the funds are crucial for the ongoing and future railway projects aimed at enhancing the country's transport infrastructure. Despite calls from various stakeholders to reduce the levy due to economic pressures on businesses and consumers, the committee emphasized the strategic importance of railway development for economic growth, job creation, and reducing road congestion. They argued that maintaining the levy would ensure the completion of key railway lines, including the Standard Gauge Railway (SGR) extensions, which are seen as vital for Kenya's long-term economic strategy. The decision reflects the government's commitment to infrastructure development despite the current economic challenges.

Read the Full The Star Article at:
[ https://www.the-star.co.ke/business/2024-12-05-finance-committee-members-decline-to-lower-railway-levy ]

Similar Business and Finance Publications

[ Wed, Dec 04th 2024 ]: Bill Williamson

For developing economies, the finance landscape has become a wasteland

[ Wed, Dec 04th 2024 ]: Bill Williamson

Tax laws amendment bill: list of key changes MPs have proposed after public participation

[ Tue, Dec 03rd 2024 ]: Bill Williamson

Tax Laws Amendments: List of Key Changes MPs have Proposed after Public Participation

[ Mon, Dec 02nd 2024 ]: Bill Williamson

Govt to proceed with plan to set up revenue body, Hashim signals

[ Mon, Dec 02nd 2024 ]: Bill Williamson

'Cost of health, life insurance...': Nirmala Sitharaman shares crucial update on GST in Parliament

[ Sun, Dec 01st 2024 ]: Bill Williamson

Indonesia to form a state revenue ministry, president's advisor says

[ Sat, Nov 30th 2024 ]: Bill Williamson

French finance minister says budget can still be improved