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News

updates

Sindh Finance Bill 2017

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- Rationalize rate of Sindh Sales Tax on Telecom Services by increasing it from 19% to 19.5%.

- Reduction of Sindh Sales Tax on Travel Agents & Tour Operators from 10% to 8%.

- Reduction of SST on services provided by specific class of indenters and Call Centers from 13% to 3%.

- Reduction of SST from 8% to 3% on the services of renting Immovable Property Services

Punjab Finance Bill 2017-18

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- Internet services have been proposed to be subjected to tax at the rate of 19.5% with the exception of those provided to students valuing not more than Rs 1,500 per month.

- Reduced rate of tax of 5% for ‘construction service’ is proposed with no input tax adjustment.

- Public sector construction projects proposed to be taxed at further reduced rates of 0%/1%.

- Real time invoice verification system proposed to be adopted in line with Federal sales tax regime.

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Tel:  0092-307-2952014

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Email: tax-services@outlook.com

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