KP annual budget: Big medical colleges included tax network

KP annual budget: Big medical colleges included tax network
Updated on

Summary It has been proposed to impose taxes on medical colleges having heavy income in annual budget of KP.

According to budget document, tax on business of moveable property has been decreased from 4% to 2% while fee for registration of vehicles has been added.It is noteworthy that there is no raise in agriculture income and land revenue tax; rather some proposals have been offered for reform in afore-said sectors.Provincial Minister for Finance told that province would get Rs149.52 billion from federal taxes.

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