PESHAWAR
\nAs the wedding season kicks off and winter approaches, the Khyber Pakhtunkhwa Revenue Authority (KPRA) has launched a targeted monitoring and enforcement drive in wedding halls and restaurants across the province.
\nThe initiative, directed by KPRA\u2019s Director General Fauzia Iqbal, aims at enhancing tax compliance within these sectors during this peak business period.
\nTeams of KPRA are conducting visits to wedding halls and restaurants in Peshawar and other districts to check records and educate management on sales tax on services. The teams are also issuing instructions to ensure that the management of the businesses pay their sales tax on services based on their actual sales, avoid tax evasion and underreporting, and submit their monthly sales returns on time.
\nAccording to a statement from KPRA\u2019s communication wing on Wednesday, the campaign aims at enhancing tax compliance in these sectors due to the increase in business activities in restaurants with the approach of winter and the onset of the wedding season in the region. Teams comprising KPRA officers, including assistant collectors and inspectors, have been tasked with visiting wedding halls and restaurants as part of this special drive to improve compliance through in-person visits and to provide on-the-spot support to management by addressing their issues directly.
\nDirector General KPRA, Fauzia Iqbal, highlighted in her statement that the timely payment of sales tax on services is essential for a financially self-reliant Khyber Pakhtunkhwa. \u201cWe urge taxpayers and the business community to pay their taxes on time, submit their returns regularly, and play their role in the development of our country,\u201d she stated.
\nTo make tax compliance easier for wedding halls, KPRA has introduced a fixed tax regime alongside the percentage-based system. Under this new regime, wedding halls have been categorized based on their sizes, with a fixed tax applied to each category. sThis tax is to be collected from clients on a per-event basis and deposited directly into KPRA\u2019s account.
\nFouzia Iqbal emphasized that KPRA is committed to making the tax payment process simpler and more accessible. \u201cOur teams are here to guide taxpayers and are actively reaching out to provide assistance,\u201d she assured.<\/p>\n","protected":false},"excerpt":{"rendered":"
PESHAWAR As the wedding season kicks off and winter approaches, the Khyber Pakhtunkhwa Revenue Authority (KPRA) has launched a targeted monitoring and enforcement drive in wedding halls and restaurants across the province. The initiative, directed by KPRA\u2019s Director General Fauzia Iqbal, aims at enhancing tax compliance within these sectors during this peak business period. Teams […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-440513","post","type-post","status-publish","format-standard","category-peshawar"],"yoast_head":"\n