LAHORE: Punjab Revenue Authority has registered 287 beauty related services parlor under newly formed Beauty Parlour Invoice Monitoring System.
After the successful roll-out of Restaurant Invoice Monitoring System (RIMS), Punjab Revenue Authority (PRA) has now developed Beauty Parlours Invoice Monitoring System (BIMS) in collaboration with Punjab Information Technology Board.
A meeting was held with Hair and Beauty Salons Association representatives at PRA main building, Lahore, and they were formally invited to get themselves updated on the recent developments.
Earlier, PRA has initiated a summary wherein a reduced rate scheme for the beauty parlours has been approved by the government. At present, registration in beauty services sector stands at 287 registered tax payers yielding about Rs3 million to Rs 4 million a month.
Pakistan Hair and Beauty Association had requested the authority to sympathetically consider the beauty services sector’s plea for reducing the rate of sales tax to around 5 percent. Later, it was also mutually resolved that the proposed reduction in the sales tax rate would be admissible for only those who opted for invoice monitoring system which will be installed on their business premises for monitoring the sales invoices on real time basically.
