Thursday, July 4, 2024

Sindh Government Increases Sales Tax on Services to 15%

The Sindh government has raised the sales tax on services by 2%, effective today, increasing the Sindh Sales Tax (SST) rate from 13% to 15%.

This new rate applies to hotels, farmhouses, restaurants, caterers, wedding halls, guest houses, and clubs. The tax hike coincides with the start of the new financial year, which has also seen an increase in petrol prices.

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Additionally, the scope of the SST has been expanded to cover several new sectors, including domestic and international air tickets.

This change is part of the new financial policies for the fiscal year 2024-25, aiming to broaden the tax base and increase revenue for the province.

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Zubair Yaqoob
Zubair Yaqoob
Zubair Yaqoob is a senior anchor, and an investigative journalist with an impressive 37 years of experience. Zubair's journalistic journey has been marked by a relentless pursuit of truth and a commitment to delivering impactful stories.Zubair's expertise extends beyond borders, reaching as far as Malaysia, where he has left an indelible mark on the international journalism landscape. His global perspective and keen analytical skills have allowed him to navigate diverse cultural landscapes, bringing a unique and enriching perspective to his reporting.Whether he's in the studio or on the field, Zubair continues to be a driving force in the world of journalism, bridging gaps, fostering understanding, and unraveling the stories that matter most. As the Headline PK Author, Zubair remains at the forefront of news, guiding audiences through the complexities of our ever-evolving world.
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