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Originally published by Capital Business
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business
June 26, 2025
4mo ago

President Ruto signs Finance Bill 2025 into law

President Ruto signs Finance Bill 2025 into law

NAIROBI, Kenya, June 25 – President William Ruto signed the Finance Bill 2025 into law on Thursday, ushering in a raft of tax amendments and fiscal Kenya breaking news | Kenya news today |..

✨ Key Highlights

President William Ruto signed the Finance Bill 2025 into law on June 25, introducing significant tax reforms aimed at improving revenue collection and supporting economic growth in Kenya.

  • Mandatory tax reliefs must be automatically applied by employers, easing the burden on salaried workers.
  • Key sponsor: Kuria Kimani, Chairperson of the Departmental Committee on Finance and National Planning.
  • Capital Gains Tax reduced from 15% to 5% for high-value investments; significant changes in digital economy taxation also introduced.

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Part of the Day's Coverage

Political Reactions to Recent Protests and Leadership Changes

Political leaders respond to protests; notable events include discussions of Governor Guyo's impeachment and demands for arrest of Gachagua.

Isiolo County Assembly Denies Holding Sitting on Governor Guyo Impeachment
Isiolo County Assembly Denies Holding Sitting on Governor Guyo Impeachment

Capital News

Isiolo Governor Abdi Guyo Impeached
Isiolo Governor Abdi Guyo Impeached

Kenyans

Gachagua Responds to Calls for His Arrest
Gachagua Responds to Calls for His Arrest

Kenyans

Demand Issued for Gachagua’s Immediate Arrest
Demand Issued for Gachagua’s Immediate Arrest

Kenyans

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