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Wedding halls set to face new tax rates in KP

Wedding halls set to face new tax rates in KP

A team from the Khyber Pakhtunkhwa Revenue Authority (KPRA), led by Assistant Collector Hizbullah Khan, held a meeting with the Wedding Hall Association of Haripur at their sub-office.

In the meeting, they discussed sales tax on services. The Assistant Collector asked all wedding hall owners to pay their taxes on time and submit accurate monthly sales tax returns as required by law.

Officials also explained recent changes to the Khyber Pakhtunkhwa Sales Tax on Services Act 2022. These changes give wedding halls the choice to either pay a fixed tax or follow a category-based tax system.

[embedpost slug="fbr-announces-new-tax-rules-for-online-sales-how-new-rules-will-affect-online-sellers/"]

The wedding hall owners welcomed the new system and promised to follow the tax rules. Assistant Collector Hizbullah Khan assured them that the KPRA office in Haripur would continue to help and guide them. He also thanked the hall owners for their support in contributing to the province’s revenue and said the authority is committed to helping taxpayers in every legal way.

It’s worth noting that in the 2024–25 budget, the KP government introduced fixed taxes for wedding halls. During a press conference after the budget announcement, CM Advisor on Finance Muzammil Aslam said that Category A wedding halls will pay Rs. 25,000 in tax, while Category B halls will pay Rs. 15,000.

He also mentioned that taxes on restaurants have been reduced from 10% to 6%, and there will be no taxes on businesses in FATA and PATA.

[embedpost slug="fbr-clarifies-only-fake-invoice-cases-will-lead-to-arrests/"]

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