KP Govt commits to strengthen legal framework for Sales Tax on Services

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Staff Reporter
Peshawar

Government of Khyber Pakhtunkhwa always had a considerable focus on Public Financial Management (PFM) reforms, and it is increasingly situated in the broader agenda of KP’s Government.

Strengthening the legal framework is one of the important areas of KP government reforms agenda, said the Finance Minister KP Taimur Khan Jhagra while addressing a session on KPRA and KPSTS bills.

Mr. Taimur Saleem Jhagra, Minister for Finance, Government of KP chaired a deliberation session to discuss and review the drafts KPRA and Tax on Services Bills.

Prior to the 18th Constitutional Amendment, the Federal Board of Revenue (FBR) was responsible to collect sales tax on services on behalf of the provinces but Sales Tax on Services in collected by provincial government under the Finance Act, 2013.
KP Revenue Authority (KPRA) was established in 2013 a corporate entity.—APP

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