Kenya has the potential to see staggering improvements in its tax revenues collections if the government were to re-examine and improve the tax system. An overhaul of taxes in Kenya could see the government net over KES 40 billion (approx. USD 467.2 million) in extra revenues per year. The suggestion was made by the representative of the International Monetary Fund (IMF) in Kenya Ragnar Gudmundsson at a press conference held in Nairobi on March 17th. In order to significantly raise overall tax collections, the ... Read More

Indian tax authorities have conducted raids on mobile phone sellers across New Delhi, discovering evidence of significant levels of tax evasion. On March 13th the Central Board of Direct Taxes (CBDT) released a statement saying that a series of raids have been conducted on several mobile phone retailers around New Delhi who were selling phones which were not properly registered and are considered to be a potential security threat. According to the CBDT, retailers have been importing mobile phones which do not have the ... Read More