Dimmed hopes as Mbadi backtracks on promise to reduce workers’ PAYE

Treasury Cabinet Secretary John Mbadi has backtracked on his promise to include income tax cuts for salaried workers earning below Sh50,000 in the Finance Bill. Instead, the Treasury has increased taxes on rent, mobile phones, beer, cigars, and betting to raise Sh120 billion. Workers expecting tax relief amid rising inflation will now have to wait longer for adjustments to PAYE bands.