Taxpayers will save about Sh3.6 billion every year following the proposal to reduce Railway Development levies contained in the new Finance Bill.
The Treasury projects that collections from the Railway Development Levy (RDL), which is the kitty that aggregates funds for the operation of the standard gauge railway, will fall by Sh3.6 billion in each of the next two financial years if proposals in the Finance Bill 2023 sail through public participation and Parliament in their current form.
