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Tag: BUSINESS

KRA collects sh6.6 billion surpassing March target.
Business

KRA collects sh6.6 billion surpassing March target.

The Kenya Revenue Authority (KRA) has surpassed its monthly collection target, for the fourth time in a row. In a statement released early Saturday, the revenue agency said it collected Sh144.6 billion in March, highest revenue performance rate since the beginning of the Financial despite a challenging economic environment brought about by Covid-19. ''This is an outstanding performance compared to the month of February when KRA collected Sh127.7 billion registering a performance rate of 105.1 per cent to surpass its February revenue collection target,'' KRA said in a statement.  Despite the slow economic progression, it registered 11.2 per cent revenue growth collecting a surplus of Sh6.6 billion in March 2021. This was the four...