The Ceo of Devki Group of Companies, Narendra Raval caused stir online after he decided to let the cat out of the bag Infront of the president of Kenya Mr William Ruto and revealed how he is paying a very huge tax to the government.
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Raval who is from Indian origin but a billionaire and a very successful business person in Kenya revealed that as the owner of Devik Group of companies, they are been subjected to huge tax during this tough economic times.
He said that his company pays ksh.2 Billion every month as tax to the national government. That is not income tax because it is usually paid at the end of the year. He said this is just a normal tax. In addition to this they pay ksh.1 billion tax to Kenya Power every month.
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Raval said that this means everyday, he pays ksh.100 Million as tax to the national government. Which is very overwhelming. He said that he is a pastor and he has only three children. For him he doesn’t need money, he just want to better lives and help people.
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Raval said that the president should look into the issue and atleast create a more conducive environment for the businesses to thrive. He said that he never sleeps he is always looking for money to pay as tax.
