The ob­ject of this Bill is to amend the Tax Pro­ce­dures Code Act, 2014, Act 14 of 2014 to de­fer pay­ment of in­come tax for com­pa­nies and other per­sons in­volved in the busi­ness of man­u­fac­tur­ing, tourism and flori­cul­tural sec­tors, whose turnover is less than five hun­dred mil­lion shillings; to de­fer pay­ment of tax on em­ploy­ment in­come and to waive in­ter­est on tax ar­rears.