Highlights of tax relief announced by Khyber Pakhtunkhwa for 2020/2021

PESHAWAR: The Khyber Pakhtunkhwa government announced tax relief package in order to mitigate the adverse impact of coronavirus. Key points of the tax incentives to be granted during the next fiscal year. i. Sales tax on services (STS) will be reduced for over 27 categories. This will be an allencompassing reduction for sectors where the […]

by Mrs. Anjum Shahnawaz

Highlights of Punjab tax relief package; sales tax exempted on insurance, medical treatment

LAHORE: The Punjab government has announced a tax relief package amounting over Rs56 billion in the budget 2020/2021. Punjab Finance Minister Makhdoom Hashim Javan Bakht on Monday presented the highlights of the relief package to be provided during next fiscal year. The highlights of the tax relief package are: 01. rate of sales tax on […]

by Mrs. Anjum Shahnawaz

Punjab Tax Relief Package: Many sectors granted exemption till June 30

LAHORE: The government of Punjab has granted exemption from sales tax on services to many sectors in order to dilute effects of coronavirus. The provincial government announced tax relief package to fight COVID-19 through a notification issued on April 02, 2020. According to a notification issued by Punjab Revenue Authority (PRA) the tax exemption has […]

by Mrs. Anjum Shahnawaz