Advertisement
Categories: BusinessNewsPakistan

Sindh Government Increases Sales Tax on Services to 15%

Advertisement

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.

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.

Advertisement
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.

Recent Posts

Mobilink Bank and Yango Partner to Provide Shariah-Compliant Financing for Drivers in Pakistan

Pakistan’s leading digital microfinance bank, Mobilink Bank, and Yango, part of the global technology company…

1 day ago

Pakistani Freelancers’ Earnings Expected to reached $2.5 B in the Current Fiscal Year

Pakistan’s freelancing market is rapidly emerging, and the export earnings of Pakistani freelancers are expected…

3 days ago

Spotify Celebrates Atif Aslam’s Subah Aye Na with Fans and Artists in Karachi

To celebrate the release of Atif Aslam’s highly anticipated new album, Subah Aye Na, Spotify…

3 days ago

Supernet Technologies set to raise 915 million to strengthen its working capital for growing projects!

KARACHI: Supernet Technologies Limited (STL) is looking to strengthen its working-capital capacity as a growing…

3 days ago

NEVO Is Next: Master Changan Continues Bringing Changan’s Global House of Brands to Pakistan

Master Changan Motors Limited (MCML), Pakistan’s No.1 new entrant and leading Chinese automotive brand, is…

7 days ago

IFC and Bank Alfalah Partner on Pakistan’s First Diversified Payment Rights Issuance, Marking a Key Milestone in the Development of Pakistan’s Debt Capital Market

The International Finance Corporation (IFC) and Bank Alfalah Limited have signed a Project Agreement marking…

7 days ago