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News25 September 2024 - 20:52

JKIA-Adani deal: Some of the conditions Treasury wants met

Treasury CS, says the country’s laws will be applied when dealing with investors’ tax issues

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by The Star
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The government will not grant tax exemptions to Adani Holdings should they secure the JKIA upgrade deal, National Treasury Cabinet Secretary John Mbadi has said.

The CS, who appeared before the National Assembly’s debt committee, said the country’s laws will be applied when dealing with investors’ tax issues.

Mbadi said the 30-year tax relief the Indian conglomerate requested will be analysed further.

The CS assured KAA employees working at the JKIA that their jobs would be secure should the Adani deal go through.

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