KRA collection target set at Sh1.62trn on tax cheats raid

Kenya Revenue Authority offices in Nairobi. FILE PHOTO | NMG

The Treasury has set Kenya Revenue Authority (KRA) a target of Sh1.62 trillion in the financial year starting July, counting on elimination of duty exemptions and nabbing tax cheats.

KRA detectives have also identified wealthy individuals and companies that owe the taxman an estimated Sh250 billion for a crackdown.

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Note: The results are not exact but very close to the actual.