Finance Act, 2023. The President signed into law the Finance Act, 2023 (Act) on 26 June 2023. The Act was subsequently gazetted on 27 June 2023. While a majority of the changes will take effect from 1 July 2023, a few others will take effect on 1 September 2023 and 1 January 2024.
The Finance Act 2023 introduces significant changes in the financial landscape, including updates on KRA regulations, income tax reforms, and implications. Here are the highlights of the Act
