Tax

The Kenya Revenue Authority will take its iTax platform offline for scheduled maintenance this weekend. The four-hour outage on May 10 comes as taxpayers prepare for the June 30 filing deadline. Officials also clarified the scope of new transaction monitoring rules.

07 मई 2026 AI द्वारा रिपोर्ट किया गया

The Kenyan government has proposed new tax measures on second-hand clothing and mobile phones as part of the Finance Bill 2026. Treasury Cabinet Secretary John Mbadi tabled the bill in Parliament at the end of April.

Ethiopia's Ministry of Finance has approved income tax exemptions for investors registered in free trade zones who supply inputs and products to the domestic market. The measure seeks to address challenges hindering industrial growth.

06 अप्रैल 2026 AI द्वारा रिपोर्ट किया गया

Indonesia's Finance Minister Purbaya Yudhi Sadewa revealed that the Free Nutritious Meals (MBG) program generates tax revenue of 3-5% from its Rp335 trillion budget. The tax is deducted directly from disbursed funds. He emphasized job creation and economic stability as the program's key contributions.

Taiwo Tegbe has stated that the new tax regime in Nigeria aims to reduce the financial strain on workers and small businesses. This announcement highlights potential relief measures in the country's fiscal policy.

07 मार्च 2026 AI द्वारा रिपोर्ट किया गया

Cryptocurrency exchange Coinbase has warned that new U.S. tax reporting requirements for digital assets impose unnecessary burdens on retail users and clutter the tax system. The company's tax experts highlighted issues with the IRS's Form 1099-DA, which reports gross proceeds from crypto transactions starting in 2025. They argue that including small transactions, stablecoins, and gas fees leads to over-reporting without real tax implications.