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Budget plan 2021-22: Punjab suggests tax obligation be reduced on 10 companies

Budget plan 2021-22: Punjab suggests tax obligation be reduced on 10 companies

Budget plan 2021-22: Punjab suggests tax obligation reduced on 10 companies
LAHORE – The Punjab federal government has suggested a reduction in tax obligation price for different companies of the services industry in the allocated fiscal year 2021-22

Punjab Finance Minister Hashim Jawan Bakht while providing the budget plan stated that 16% sales tax obligation on 10s services will be decreased to 5% in the following financial year. The 10 industries consist of,

Rental bulldozers services
Dress designers
Warehouse services
Building machinery services
Town coordinators
Beauty parlors
Designer
Dry cleaners
Architect
House cooks
Previously, Punjab cupboard authorized propositions for a budget plan with an overall investment of Rs2.653 billion. Provincial ministers, advisors, unique aides, principal secretaries, and worried assistants went to the budget plan session.

Budget plan 2021-22: Punjab suggests tax obligation be reduced on 10 companies

Image Credits: Daily Pakistan

OVERVIEW:

Budget plan 2021-22: Punjab suggests tax obligation reduced on 10 companies LAHORE – The Punjab federal government has suggested a reduction in tax obligation price for different companies of the services industry in the allocated the fiscal year 2021-22 Punjab Finance Minister Hashim Jawan Bakht while providing the budget plan stated that 16% sales tax obligation on 10s services will be decreased to 5% in the following financial year.

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