Economic Service Charge (ESC)

Economic Service Charge ( ESC) [Amendments to ESC Act No 13 of 2006]

 

The present threshold will be reduced from Rs 50mn per quarter to Rs 12.5 mn per quarter.

 

Advance WHT of ESC will be introduced on import of vehicles.

 

The proposed changes in Budget 2016 (subject to subsequent modifications) will be implemented together with the proposals listed above.