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KRA misses revenue target despite collecting Sh2.41 trillion

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KRA staffers assist clients in filing returns at its Nyeri office. [File, Standard]

The Kenyan Revenue Authority (KRA) has fallen short of its ambitious tax collection targets for the 2023/2024 fiscal year.

Despite an 11.1 per cent increase in overall revenue to Sh2.407 trillion, KRA failed to reach its target, leaving policymakers and industry stakeholders concerned about the underlying factors driving this under-performance.

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