HomeBusinessThe government's decision to impose a fixed tax on beauty parlors and...

The government’s decision to impose a fixed tax on beauty parlors and marriage halls

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The Khyber Pakhtunkhwa government has decided to impose a fixed tax on beauty parlors and marriage halls in the province from the next financial year.

Marriage halls and beauty parlors will be divided into different categories based on their size and volume of business that will be charged a fixed sales tax on services.

Director General of Khyber Pakhtunkhwa Revenue Authority Fauzia Iqbal met Chief Minister’s Advisor in Finance Department Muzamil Aslam and gave him a detailed briefing about KPRA.

It was decided in the meeting that the owners of wedding halls and beauty parlors will be given the option to choose between fixed rates and percentage rates of sales tax on services after which they will pay the monthly tax capra according to their chosen system. .

Khyber Pakhtunkhwa Revenue Authority collected 35% additional tax

According to Express News, wedding halls and beauty parlors will be divided into different categories based on their size and volume of business, where different fixed rates of sales tax on services will be applied.

Financial Advisor Muzamil Aslam said that all stakeholders, including business organizations and representatives of the Chamber of Commerce, will be taken into confidence, after all, if any businessman or organization is involved in tax evasion. , strict legal action will be taken against them.

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