{"id":60518,"date":"2020-01-27T06:27:32","date_gmt":"2020-01-27T06:27:32","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=60518"},"modified":"2020-01-27T06:27:33","modified_gmt":"2020-01-27T06:27:33","slug":"kp-govt-abolish-several-taxes-small-businesses","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/kp-govt-abolish-several-taxes-small-businesses.html","title":{"rendered":"KP govt to abolish several taxes on small businesses"},"content":{"rendered":"\n<p>Peshawar: The Khyber Pakhtunkhwa (KP) government has announced its decision to abolish several taxes on small businesses operating within the province, a news source reported. To this effect, KP Finance Minister Taimur Saleem Jhagra has stated that the provincial government plans to introduce a simplified version of the current tax regime during the next financial year.<\/p>\n\n\n\n<p><strong>Read<\/strong>: <a href=\"https:\/\/www.zameen.com\/news\/kp-have-new-industrial-policy-incentivise-investors.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"KP to have new industrial policy to incentivise investors (opens in a new tab)\">KP to have new industrial policy to incentivise investors<\/a><\/p>\n\n\n\n<p>Addressing a press conference, titled \u2018KP: The Gateway to\nPakistan\u2019s Economic Prosperity\u2019, in Peshawar on Sunday, the minister revealed\nthat the provincial government had decided to withdraw over 100 taxes and fees previously\nimposed on small businesses.<\/p>\n\n\n\n<p>He stated that this measure would provide relief to small traders, as well as attract investments. He added that the next fiscal year (FY 2020-21) would bring good news in terms of professional tax, and promote a friendlier environment for doing businesses and <a href=\"https:\/\/www.zameen.com\/news\/kp-keen-provide-investment-friendly-environment-cm.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"making investments (opens in a new tab)\">making investments<\/a>.<\/p>\n\n\n\n<p><strong>Read<\/strong>: <a href=\"https:\/\/www.zameen.com\/news\/pm-announces-concessions-small-traders.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"PM announces concessions for small traders (opens in a new tab)\">PM announces concessions for small traders<\/a><\/p>\n\n\n\n<p>Jhagra stated that the provincial executive\u2019s decision to\nrevoke taxes on small businesses was in line with Prime Minister (PM) Imran\nKhan\u2019s efforts for promoting business-friendly environment in the province. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Peshawar: The Khyber Pakhtunkhwa (KP) government has announced its decision to abolish several taxes on small businesses operating within the province, a news source reported. To this effect, KP Finance Minister Taimur Saleem Jhagra has stated that the provincial government plans to introduce a simplified version of the current tax regime during the next financial year. Read: KP to have new industrial policy to incentivise investors Addressing a press conference, titled \u2018KP: The Gateway to Pakistan\u2019s Economic Prosperity\u2019, in Peshawar on Sunday, the minister revealed that the provincial government had decided to withdraw over 100 taxes and fees previously imposed on small businesses. He stated that this measure would provide relief to small traders, as well as attract investments. He added that the next fiscal year (FY 2020-21) would bring good news in terms of professional tax, and promote a friendlier environment for doing businesses and making investments. Read: PM announces concessions for small traders Jhagra stated that the provincial executive\u2019s decision to revoke taxes on small businesses was in line with Prime Minister (PM) Imran Khan\u2019s efforts for promoting business-friendly environment in the province.<\/p>\n","protected":false},"author":68,"featured_media":60519,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15012,15015],"tags":[16254],"persona":[],"class_list":{"0":"post-60518","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-allied-industries","8":"category-legal-taxation","9":"tag-details-on-kp-govt-to-abolish-several-taxes-on-small-businesses","10":"cat-15012-id","11":"cat-15015-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>KP govt to abolish several taxes on small businesses - Zameen News<\/title>\n<meta name=\"description\" content=\"The Khyber Pakhtunkhwa (KP) government has announced its decision to abolish several taxes on small businesses operating within the province.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/kp-govt-abolish-several-taxes-small-businesses.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KP govt to abolish several taxes on small businesses - Zameen News\" \/>\n<meta property=\"og:description\" content=\"The Khyber Pakhtunkhwa (KP) government has announced its decision to abolish several taxes on small businesses operating within the province.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/kp-govt-abolish-several-taxes-small-businesses.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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