Investor Presentaiton

TAX RELIEF AND EDUCATIONAL INCENTIVES WILL BE PROVIDED TO HELP RESTART AND GENERATE GROWTH IN PRODUCTIVE SECTORS OF THE KHYBER PAKHTUNKHWA ECONOMY Key tax reforms Sales tax on services Sales tax on services (STS) will be reduced for over 27 categories. Hospitality & entertainment sector reliefs Entertainment and Hotel Tax will be removed Reduction of rates for non-corporate local chains of restaurants and hotels on usage of point of sale software Professional tax concessions Professional tax to be phased out to KPRA and will include concessions & tax breaks for 18+ professions including doctors, lawyers, retailers, etc, Urban Immovable property tax Rationalization of Urban Immovable Property Tax Compliant taxpayers offered a rebate of 25% Introduction of arrears recovery relief Construction sector rellefs Board of Revenue to reduce both Capital Value Tax and Stamp duty for the construction sector K-12 education rellefs Free admissions for both Government Primary and Secondary Education Schools for Girls and Boys Free admissions to Professional Government Art Colleges Key non-tax reforms Higher education rellefs ■ Multiple fees to be annulled with respect to Higher Education Archives & Libraries. www.finance.gkp.pk < 61

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