Lahore (HRNW)- Punjab has implemented a new tax deduction system for digital payments, under which taxes deducted through e-payments and card transactions will now be transferred directly to the government.
According to a spokesperson for the Punjab Revenue Authority (PRA), the initiative aims to ensure transparent tax collection and improve the efficiency of the payment system.
The PRA announced that services provided by beauty parlors, salons, fashion designers, cosmetic surgery, plastic surgery, skin treatment and laser treatment centers will be subject to a 5 percent tax rate.
Similarly, event management companies, tour operators, gymnasiums and laundry services will be required to pay 8 percent tax.
The authority further stated that in the hotel and restaurant sector, cash payments will be subject to a 16 percent tax, while payments made through credit cards or other digital methods will be taxed at 8 percent, effectively reducing the tax burden by 50 percent for digital transactions.
The Punjab Revenue Authority emphasized that the timely completion of government welfare and development projects depends on tax revenues collected from the public. Citizens have been encouraged to use digital payment methods for secure tax collection and to always request a receipt for every purchase or service.
The PRA also urged the public to report food operators and service providers who fail to issue receipts, stating that transparent tax collection is essential for the province’s development and prosperity.
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