LAHORE: A new tax deduction system has been implemented on digital payments across Punjab, there will be a 50 percent discount in tax on credit card and digital payments in the restaurant sector.
A spokesperson for the Punjab Revenue Authority says that the tax deducted through e-payment or card will be transferred directly to the government.
The tax rate has been set at 5 percent on the services of beauty parlors, salons and fashion designers, 5 percent tax will also be applicable on cosmetic surgery, plastic surgery, skin and laser treatment.
Punjab Revenue Authority’s actions against tax defaulters are fast, crores of rupees have been recovered
Similarly, 8 percent tax will have to be paid on event management, tour operators, gym and laundry services, 16 percent on cash payments at hotels and restaurants and 8 percent on digital payments.
A 50 percent tax discount has been given on credit card and digital payments in the restaurant sector. Citizens should file complaints against food operators who do not provide a receipt.
