taxsphere2026-05-0610 min read
Latest Indirect Tax Updates
Changes to Sales Tax Rates and Service Tax Scope Effective 01 July 2025
In line with the announcement made during Budget 2025, the Government
reviewed the Sales Tax rates and expanded the scope of Service Tax taking effect through a targeted approach beginning from 01 July 2025.
This move aims to strengthen the country’s fiscal position by increasing revenue and broadening the tax base.
