Pakistan
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KP govt imposes tax on exports

August 25, 2024 10:13 pm
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KP govt imposes tax on exports

The Khyber Pakhtunkhwa government has introduced a 2% “Infrastructure Development Tax” on exports, effective from August 23.

Moreover, this tax applies to exports conducted via both land and air routes from the province.

Read More: Pakistan Television slashes 25 low-rated programs

In addition, the Khyber Pakhtunkhwa Revenue Authority is responsible for collecting the tax, which was enacted through the Finance Bill approved in the current year’s budget. Exporters and agents have been notified of this new levy by customs officials

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Web Desk

Aamir Khan, with a knack for economics and business news, is currently working at Azaad English.

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