BR100 Decreased By (-0.91%)
BR30 Decreased By (-1.47%)
KSE100 Decreased By (-0.78%)
KSE30 Decreased By (-0.75%)
AGHA 6.67 Decreased By ▼ -0.01 (-0.15%)
BECO 4.35 Decreased By ▼ -0.02 (-0.46%)
BML 56.17 Decreased By ▼ -1.15 (-2.01%)
BOP 30.12 Decreased By ▼ -0.23 (-0.76%)
CNERGY 12.98 Decreased By ▼ -0.14 (-1.07%)
CSIL 5.31 Decreased By ▼ -0.10 (-1.85%)
FCCL 51.65 Decreased By ▼ -1.14 (-2.16%)
FFL 14.49 Decreased By ▼ -0.23 (-1.56%)
FNEL 1.21 Increased By ▲ 0.09 (8.04%)
KEL 6.06 Decreased By ▼ -0.03 (-0.49%)
KOSM 5.84 Increased By ▲ 0.11 (1.92%)
LOTCHEM 26.17 Decreased By ▼ -0.29 (-1.1%)
MLCF 91.23 Decreased By ▼ -1.93 (-2.07%)
NBP 164.19 Decreased By ▼ -0.47 (-0.29%)
NCPL 53.18 Decreased By ▼ -2.48 (-4.46%)
NPL 59.12 Decreased By ▼ -2.04 (-3.34%)
OGDC 313.39 Decreased By ▼ -3.34 (-1.05%)
PACE 9.77 Decreased By ▼ -0.10 (-1.01%)
PAEL 35.24 Decreased By ▼ -0.39 (-1.09%)
PIBTL 14.71 Increased By ▲ 0.03 (0.2%)
PPL 221.36 Decreased By ▼ -5.55 (-2.45%)
PRL 91.22 Decreased By ▼ -1.80 (-1.94%)
PTC 59.19 Decreased By ▼ -1.07 (-1.78%)
SSGC 23.30 Decreased By ▼ -0.51 (-2.14%)
TBL 8.75 No Change ▼ 0.00 (0%)
TELE 7.61 Decreased By ▼ -0.19 (-2.44%)
TPL 22.03 Decreased By ▼ -0.32 (-1.43%)
TPLP 12.56 Decreased By ▼ -0.41 (-3.16%)
TREET 21.73 Decreased By ▼ -0.43 (-1.94%)
TRG 55.79 Decreased By ▼ -0.77 (-1.36%)

PESHAWAR: The secretary of the KP Local Government Department has directed all TMAs, assistant director Local Government, and local area development authorities on Thursday to register with KPRA and start tax compliance with the Authority.

The directions were issued during a meeting between the Secretary of Local Government, Dawood Khan, and the Director General of Khyber Pakhtunkhwa Revenue Authority, Fouzia Iqbal, who visited his office along with her team to discuss issues related to TMAs, local area development authorities, and AD local government.

The LG secretary welcomed the KPRA team to his office.

The DG KPRA informed the secretary about the domain of KPRA and mentioned that the majority of the TMAs, local area development authorities, and AD local governments are not yet registered with the KPRA.

Additionally, those who are registered are not fully compliant with the withholding of sales tax on services and subsequent submission of the withheld tax to KPRA.

The DG KPRA thanked the secretary and his team for providing the opportunity and time for the KPRA team to come and present their issues.

The secretary directed all TMAs, Local Area Development authorities, and AD local government entities that are not yet registered with the KPRA to complete their registration within three days and commence tax compliance.

The secretary instructed his team to enhance compliance levels and begin sharing data regarding revenue and expenditures with the KPRA.

It was also agreed that the KPRA will arrange training and awareness sessions for officials of the TMAs, local area development authorities, and AD Local Government on sales tax on services and withholding regulations.

Copyright Business Recorder, 2024

Comments

Comments are closed for this article.