Jun 022017
LAHORE –  The Punjab government has reduced rate of General Sales Tax (GST) on construction services to 5 percent from 16 percent fixed in 2016-17, also removing registration fee for new firms in the provincial finance bill 2017-18. The government, in the new finance bill, has announced imposing 3.25 percent new tax on leasing rural property and 5.25 percent on urban properties. Sale of …

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