KRA launches digital excise stamps to seal tax leakages

The Kenya Revenue Authority (KRA) has introduced new generation excise stamps for wines, spirits, tobacco, and beer that will be verified using smartphones in efforts to seal tax leakages.

The new excise stamps have a quick response code (QR code) that will enable distributors, retailers and consumers use an app on their smartphones to verify the authenticity of the products.

PAYE Tax Calculator

Note: The results are not exact but very close to the actual.