Muzammil Aslam, Chief Minister's Advisor on Finance, announces that Category A halls will face a tax of Rs 25,000, while Category B halls will be taxed Rs 15,000

Peshawar: Khyber Pakhtunkhwa (KP) government on Friday introduced taxation on wedding halls in its budget for the fiscal year 2024-25.
During a post-budget press conference, Chief Minister's Advisor on Finance, Muzammil Aslam, announced that Category A halls will face a tax of Rs 25,000, while Category B halls will be taxed Rs 15,000. Additionally, taxes on restaurants have been reduced from 10 to 6 percent.
Aslam emphasized that the KP government will exempt FATA (Federally Administered Tribal Areas) and PATA (Provincially Administered Tribal Areas) from taxation and urged the federal government to follow suit.
Furthermore, Aslam highlighted the recent funds received from the federal government for the merged districts.
Earlier in the day, KP Finance Minister Aftab Alam presented the provincial budget for the next fiscal year 2024-25, amounting to Rs1.6 trillion. The budget, approved in a special cabinet meeting chaired by KP Chief Minister Ali Amin Gandapur, prioritizes increasing revenue through taxation and reducing reliance on federal funds.
Key proposals include introducing fixed sales tax on marriage halls, reducing commercial property tax from 16% to 10%, lowering the property tax on industrial units, and reducing the tax on land transfer.

Adobe made a mobile app for its Firefly generative AI tools
- 4 hours ago

Ex-player sues Chiefs, cites racial discrimination
- 3 hours ago

Pakistan-US Relations – Sky is the limit
- 17 minutes ago

How America’s ideal woman got jacked
- 2 hours ago

Pakistan issues travel advisory for Iran, Iraq, Lebanon and Syria
- an hour ago

This smart light has party speaker aspirations
- 4 hours ago

We’re producing more food than ever before — but not for long
- 2 hours ago

New intelligence chief of Revolutionary Guards announced
- an hour ago

The Atlantic is making a big push into games
- 4 hours ago

Trump to decide regarding attack on Iran within two weeks, White House
- an hour ago

Pakistan sets global example: Balochistan declares Hinglaj Mata temple a world tourism site
- 32 minutes ago

Actress Ayesha Khan's week-old body found in Karachi flat
- an hour ago