AIRLINK 81.10 Increased By ▲ 2.55 (3.25%)
BOP 4.82 Increased By ▲ 0.05 (1.05%)
CNERGY 4.09 Decreased By ▼ -0.07 (-1.68%)
DFML 37.98 Decreased By ▼ -1.31 (-3.33%)
DGKC 93.00 Decreased By ▼ -2.65 (-2.77%)
FCCL 23.84 Decreased By ▼ -0.32 (-1.32%)
FFBL 32.00 Decreased By ▼ -0.77 (-2.35%)
FFL 9.24 Decreased By ▼ -0.13 (-1.39%)
GGL 10.06 Decreased By ▼ -0.09 (-0.89%)
HASCOL 6.65 Increased By ▲ 0.11 (1.68%)
HBL 113.00 Increased By ▲ 3.50 (3.2%)
HUBC 145.70 Increased By ▲ 0.69 (0.48%)
HUMNL 10.54 Decreased By ▼ -0.19 (-1.77%)
KEL 4.62 Decreased By ▼ -0.11 (-2.33%)
KOSM 4.12 Decreased By ▼ -0.14 (-3.29%)
MLCF 38.25 Decreased By ▼ -1.15 (-2.92%)
OGDC 131.70 Increased By ▲ 2.45 (1.9%)
PAEL 24.89 Decreased By ▼ -0.98 (-3.79%)
PIBTL 6.25 Decreased By ▼ -0.09 (-1.42%)
PPL 120.00 Decreased By ▼ -2.70 (-2.2%)
PRL 23.90 Decreased By ▼ -0.45 (-1.85%)
PTC 12.10 Decreased By ▼ -0.89 (-6.85%)
SEARL 59.95 Decreased By ▼ -1.23 (-2.01%)
SNGP 65.50 Increased By ▲ 0.30 (0.46%)
SSGC 10.15 Increased By ▲ 0.26 (2.63%)
TELE 7.85 Decreased By ▼ -0.01 (-0.13%)
TPLP 9.87 Increased By ▲ 0.02 (0.2%)
TRG 64.45 Decreased By ▼ -0.05 (-0.08%)
UNITY 26.90 Decreased By ▼ -0.09 (-0.33%)
WTL 1.33 Increased By ▲ 0.01 (0.76%)
BR100 8,052 Increased By 75.9 (0.95%)
BR30 25,581 Decreased By -21.4 (-0.08%)
KSE100 76,707 Increased By 498.6 (0.65%)
KSE30 24,698 Increased By 260.2 (1.06%)

PESHAWAR: Secretaries of Communication and Works Department and Energy and Power Department announced to ensure strict compliance with Khyber Pakhtunkhwa Sales Tax on Services.

The announcements came during separate meetings of the Director General KPRA and her team with the officials of both departments. The meetings were held at the committee rooms of C&W and Energy and Power under the chairmanship of the departments' respective secretaries, according to an official communiqué here on Friday.

DG KPRA Miss Fouzia Iqbal gave detailed briefings about the KPRA and its mandate along with giving a short history of the sales tax on services in the province and explaining the agenda points at both the meetings.

The DG Informed the Secretary C&W Idrees Khan Marwat and the officials of the department present in the meeting that the exemption to FATA and PATA in the government-funded ADP and PSDP Schemes seized to exist after July 2021, however, it is still given which is wrong and shall be stopped immediately.

She informed the participants that due to misclassification of sales tax on goods and sales tax on services, the tax of KPRA is going to FBR that needs to be stopped. She added that there is no data sharing between KPRA and field formations of the C&W due to which there are compliance issues that need attention.

Secretary C&W Idrees Khan said that tax is a collective responsibility and everyone has to play his/her part to ensure strict tax compliance for the development of the province. “Our little efforts can make a huge difference. We have to deduct property taxes and make accurate declarations to stop our money from going to the federal government by mistake,” he said, directing all the field formations and the officers present at the meeting to ensure tax compliance.

It was agreed that KPRA will arrange a training workshop for the Executive Engineers and Account Officers on KPRA, Sales Tax on Services, and Withholding regulations after Eid.

Copyright Business Recorder, 2024

Comments

Comments are closed.