Saturday, July 27, 2013

HAYA NDIO MAKATO YA KODI KWENYE LINE ZA SIMU NA M-PESA,TIGO PESA ETC.(FINANCE ACT 2013)

11"(6A) There shall be charged an excise duty
on money transfer through a bank, a financial
institution or a telecommunication company at the
rate of 0.15% of the amount transferred for the
amount exceeding shillings 30,0001=
(6B) The excise duty chargeable under
subsection (6A) shall not apply to money transfer
between banks and financial
institutions, government, diplomats and diplomatic
missions.
(6C) There shall be charged an excise duty
on telecommunication sim card at the rate of
shillings 1,000/= per month."