Tuesday, July 5, 2011

KRA collects Sh634.9 billion


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Kenya Revenue Authority Commissioner General, Michael Waweru. Photo/STEPHEN MUDIARI
Kenya Revenue Authority Commissioner General, Michael Waweru. Photo/STEPHEN MUDIARI
By NATION REPORTER
Posted  Tuesday, July 5 2011 at 12:35
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Kenya Revenue Authority (KRA) has surpassed its tax collection for the year 2010/11 by netting Sh634.9 billion compared to Sh534.4billion the previous year.
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This represent an increase of 19 per cent.
The taxman had projected to raise Sh630.7 billion for 2010/11.
During the fourth quarter of 2010/11 (April to June), KRA collected Sh190.5 billion against a target of Sh180.4 billion.

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