The proposed tax measures in the Finance Bill, 2023, if passed into law will lead to massive job losses as firms cut operational costs.
<ul> <li>Most firms struggling to recover from myriad of social-economic pressures.</li> <li>An employee earning a monthly salary of Sh35,000 will take home almost Sh25,000, despite the cost of living almost doubling.</li> </ul>
The proposed tax measures in the Finance Bill, 2023, if passed into law will lead to massive job losses as firms cut operational costs.
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