Service Tax on Sales Was Further Reduced

July 7, 2020Zayn0

The target for the sales tax rate in Punjab in the new financial year has been set at Rs. 121 billion. In the year 2012, the service tax on sales has been further reduced.

According to the details, the Punjab government was facing difficulties in collecting sales tax due to the outbreak of Coronavirus in the last financial year. According to the budget documents, the target for sales tax in the last financial year was set at Rs. It is learned that after the release of details of civil accounts by the Finance Department on sales tax in the financial year 2012-13, the Punjab government has achieved the target of Rs. 1 trillion 1 billion 82 crores on sales tax only. In the year 2018-19, Rs. 90 billion was collected in terms of sales tax collection.

Fayyaz Hassan Chohan says Prime Minister Imran Khan ‘s leadership has set new destinations Pakistan Development Minister Imran Khan can bring the corruption of 15 billion to 67 billion in the country 270 billion, the current account Pakistan Loss The trade deficit is down 85 percent from 37 billion to 23 billion.

Fayyaz-ul-Hassan Chauhan says that since taking over the government, the present government has repaid the country’s debt of Rs 5,000 billion. Moody’s, World Bank and other international financial institutions are praising our economic stability, under the guidance of Prime Minister Imran Khan. Money laundering has been broken.

Fayyaz-ul-Hassan Chauhan further said that due to better economic policies, despite the coronavirus, exports have increased, Pakistan is building big dams after 60 years and the canal system is being improved, PTI government Distributed 245 billion to the poor, unemployed and destitute.

Fayyaz Hassan Chauhan said that being given the facility of free treatment through eight million health Justice cards in the country. The united opposition-held Treat your eyes and ears a specialist Medical Specialist, Prime Minister Imran Khan criticized performances It is better to do research before doing it.

Extracted from City42 News

Zayn

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