Investor Presentaiton
A BUSINESS-FRIENDLY TAX BUDGET (1/2)
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TAX REFORM
AND RELIEF
PACKAGE
%
81% year-on-year growth in Khyber Pakhtunkhwa Revenue Authority and
even after COVID the year will end at a record Rs. 17 billion plus collection.
38% increase in provincial revenue receipts before COVID-19 however a
20% growth will still be achieved post-COVID impact by the year end
2020-21 is a tax-free budget
Taxes on around 200 small business eliminated by the local
government department
Double taxation is being eliminated by the Excise department
■ zero bed tax for hotels
■ zero professional tax for 18 categories of professionals, provided
they register with KPRA
■ zero professional tax on all medical professional and services.
■ The entertainment tax is being permanently abolished.
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