{"id":70150,"date":"2020-09-05T09:55:00","date_gmt":"2020-09-05T04:55:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=70150"},"modified":"2020-09-04T18:58:04","modified_gmt":"2020-09-04T13:58:04","slug":"kpra-announces-significant-cut-sales-tax-services","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/kpra-announces-significant-cut-sales-tax-services.html","title":{"rendered":"KPRA announces significant cut in sales tax on services"},"content":{"rendered":"\n<p>Peshawar: The Khyber Pakhtunkhwa Revenue Authority (KPRA) has announced reducing the sales tax from 15% to just 2% on several services as part of the government&#8217;s tax relief package meant to boost business activity and in turn promote the country\u2019s economic growth \u2013 a news source reported today (September 4).<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/pm-praises-kpra-increasing-revenue-during-pandemic.html\" target=\"_blank\" rel=\"noreferrer noopener\">PM praises KPRA for increasing revenue during pandemic<\/a><\/p>\n\n\n\n<p>The sales tax on the construction services, as well as on the property dealers, have been reduced to 2%. &nbsp;The authority announced the change through a notification \u2013 that highlights reduced sales tax on 29 services as provided under the provincial Budget 2020-21.<\/p>\n\n\n\n<p>According to details, the sales on 10 services have been brought down from 15% to 2; for 6 services it has been set at 10%, while another 6 has had the sales tax reduced to 8%.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/kpra-sets-revenue-target-for-fy2020-21-formulates-plan.html\" target=\"_blank\" rel=\"noreferrer noopener\">KPRA sets revenue target for FY2020-21, formulates plan<\/a><\/p>\n\n\n\n<p>Moreover, these services include the construction and allied services, hotels and restaurants services, workshops, business support services, laboratory services, labour or man power providing services and beauty parlours.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Peshawar: The Khyber Pakhtunkhwa Revenue Authority (KPRA) has announced reducing the sales tax from 15% to just 2% on several services as part of the government&#8217;s tax relief package meant to boost business activity and in turn promote the country\u2019s economic growth \u2013 a news source reported today (September 4). Read: PM praises KPRA for increasing revenue during pandemic The sales tax on the construction services, as well as on the property dealers, have been reduced to 2%. &nbsp;The authority announced the change through a notification \u2013 that highlights reduced sales tax on 29 services as provided under the provincial Budget 2020-21. According to details, the sales on 10 services have been brought down from 15% to 2; for 6 services it has been set at 10%, while another 6 has had the sales tax reduced to 8%. Read: KPRA sets revenue target for FY2020-21, formulates plan Moreover, these services include the construction and allied services, hotels and restaurants services, workshops, business support services, laboratory services, labour or man power providing services and beauty parlours.<\/p>\n","protected":false},"author":57,"featured_media":60519,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[38723,36072,38724],"persona":[],"class_list":{"0":"post-70150","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-cut-in-sales-tax","9":"tag-khyber-pakhtunkhwa-revenue-authority","10":"tag-kpra-announces-significant-cut-in-sales-tax-on-services","11":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>KPRA announces significant cut in sales tax on services - Zameen News<\/title>\n<meta name=\"description\" content=\"Peshawar: The Khyber Pakhtunkhwa Revenue Authority (KPRA) has announced reducing the sales tax from 15% to just 2% on several services as part of the government&#039;s tax relief package meant to boost business activity and in turn promote the country\u2019s economic growth \u2013 a news source reported today (September 4).\" \/>\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\/kpra-announces-significant-cut-sales-tax-services.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"KPRA announces significant cut in sales tax on services - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Peshawar: The Khyber Pakhtunkhwa Revenue Authority (KPRA) has announced reducing the sales tax from 15% to just 2% on several services as part of the government&#039;s tax relief package meant to boost business activity and in turn promote the country\u2019s economic growth \u2013 a news source reported today (September 4).\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/kpra-announces-significant-cut-sales-tax-services.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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