Kenya’s Ruto says anti-tax protests “highjacked by organised criminals” | Protests

Kenya’s Ruto says anti-tax protests “highjacked by organised criminals” | Protests

NewsFeed Kenya’s President William Ruto says “legitimate” protests against proposed tax increases were infiltrated and hijacked by “organized criminals” and that security of the nation remains his priority. In his speech, he did not mention the legislation that set off the protests. Published On 25 Jun 202425 Jun 2024 Check…

Tax hike proposal, cost-of-living crisis ignite protests across Kenya | Tax

Tax hike proposal, cost-of-living crisis ignite protests across Kenya | Tax

NewsFeed Police and ‘Occupy Parliament’ demonstrators confronted each other in Nairobi as anger spread across Kenya over proposed tax hikes amidst a cost-of-living crisis. President Ruto has scaled back some of the proposed changes in Finance Bill 2024 but says other increases must go forward. Published On 20 Jun 202420…

Kenya drops some proposed tax hikes, including 16% VAT on bread | Tax

Kenya drops some proposed tax hikes, including 16% VAT on bread | Tax

NewsFeed Wide-ranging proposed tax increases, including a 16 percent value-added tax on bread, sparked protests and confrontations in Kenya’s capital. The government dropped many of the most controversial as the protests took place. Published On 18 Jun 202418 Jun 2024 Check out our Latest News and Follow us at Facebook…

Russia plans higher taxes for rich, companies as cost of Ukraine war mounts | Tax News

Russia plans higher taxes for rich, companies as cost of Ukraine war mounts | Tax News

New tax thresholds and hike in corporation tax are expected to raise about 2.6 trillion rubles ($29bn) a year. Russia has announced plans to raise taxes on businesses and the wealthy as it scrambles for additional revenue to fund its invasion of Ukraine. Government spending has exceeded revenue by tens…

‘Nothing left’: Indonesia’s tourism industry fears wipeout under tax hike | Tourism News

‘Nothing left’: Indonesia’s tourism industry fears wipeout under tax hike | Tourism News

Jakarta, Indonesia –  After spa therapist Murniyati survived COVID-19 on a sparse salary, she thought the worst was over. But after the Indonesian government’s announcement of a steep rise in taxes on entertainment services, she fears the salon where she works could be forced to close, leaving her unemployed. “My…

Why is President Ruto in a row with Kenya’s judiciary? A simple guide | Tax News

Why is President Ruto in a row with Kenya’s judiciary? A simple guide | Tax News

Nairobi, Kenya – In the past week, Kenyan President William Ruto has been locked in a row with the judiciary, threatening to disobey court orders restricting his flagship policies and accusing judges of corruption. Speaking at a public function on Tuesday, Ruto said some unnamed judges are working with the…

India Seeks Info on Coins Listed for Trade on Exchanges as Tax Body Mulls Levying GST

India Seeks Info on Coins Listed for Trade on Exchanges as Tax Body Mulls Levying GST

India’s Central Board of Indirect Taxes and Customs (CBIC) has reached out to a bunch of crypto exchanges operating in the country. The body is seeking lists of all the cryptocurrencies that are being traded on the exchanges in India. The tax authority of India is reportedly evaluating if the…