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Amendments in Provincial Tax Laws 2019

Amendments in Provincial Tax Laws 2019

The Provincial Assemblies of Punjab, Sindh & KPK approved the respective Finance Bills 2019 with certain amendments proposed therein and after the assent of the Governor of respective Provinces, the Finance Acts, 2019 have been enacted.

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Saqib Masood

Partner and Head of Location - Karachi

KPMG in Pakistan

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Ammendments in Provincial Tax Laws 2019

This publication contains a review of changes made in various indirect taxation laws of Punjab, Sindh and KPK through respective Finance Acts, 2019.

This publication also contain a review of changes made in the laws applicable in Islamabad Capital Territory through Finance Act, 2019 issued after approved of Finance Bill 2019 by National Assembly and assent of President of Pakistan.

This document contains comments, which represent our interpretation of the legislations. We recommend that while considering their application to any particular case reference be made to the specific wordings of the relevant statute.

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The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavour to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. The KPMG name and logo are registered trademarks or trademarks of KPMG International.

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