KRA May Soon Offer Exams in Public Universities & Colleges
KRA May Soon Offer Exams in Public Universities & Colleges
KRA May Soon Offer Exams in Public Universities & Colleges
Kimani Ichung’wah, a Kikuyu member of parliament, is the leader of a measure that permits the Kenya Revenue Authority (KRA) and public universities to work together.
As part of the Budget for the year 2024/2025, Njuguna Ndung’u, the Cabinet Secretary of the National Treasury and Economic Planning, submitted this suggestion.
The Kenya Revenue Authority (Amendment) Bill 2024 states that the KRA will collaborate with universities to provide revenue administration programs.
The authority will also create curricula to evaluate pupils and provide them qualifications.
The new bill intends to add a new subsection just after subsection 2A in order to amend the Kenya Revenue Authority Act. The Act’s Section 2A gives the authority the right to set up an institution that will train and develop the ability of the Authority’s employees as well as those in other jurisdictions and the general public.
The authority will be able to collaborate with other educational establishments, including colleges, universities, and TVETs, to provide revenue administration programs if the law is approved in its current form.
“The functions of the institution established under subsection 2A shall include offering directly or in collaboration with any other institutions of higher learning, programs in revenue administration and any other programs as may be deemed fit,” according to a portion of the amendment.
This will be among the duties performed by the authority. Getting all of the money in and collecting it is one of KRA’s primary duties.
Additionally, the authority has the power to counsel the government on any issue pertaining to the written laws’ management and revenue collection.
Young Kenyans will become more revenue literate as a result of these new initiatives. Only 38% of Kenyans are financially literate, according to the 2021 Global Financial Literacy Survey.
Exclusive tax e-resources for students under the Competency-Based Curriculum (CBC) were developed in March by KRA in collaboration with the Kenya Institute of Curriculum Development (KICD). The goal of this was to raise Kenyan tax literacy.
