The Sindh government has increased the sales tax on services from 13% to 15%, which took effect on July 1.
The increased tax will be applicable to various businesses, including restaurants, hotels, wedding halls, and caterers.
This change is part of the new financial year 2024-25 and aims to expand the scope of GST on services to several new sectors.
The increased tax will have a significant impact on various sectors, including hotels, farmhouses, restaurants, caterers, and wedding halls. The Sindh government has also levied taxes on air tickets, both domestic and international.
The increase in sales tax is part of the government’s efforts to meet the requirements of the IMF bailout deal.The increased tax is expected to have a significant impact on the prices of services offered by these businesses.
The government has also proposed a hike in sales tax on luxury goods and services. The increase in sales tax is part of the government’s efforts to increase revenue and meet the fiscal deficit.
