- Service Tax Policy No. 1/2025 (Amendment No. 4), effective 1 April 2026, adds items 12 and 13.
- These items cover service tax exemptions for brokerage services related to share trading and for fees/commissions from domestic commodity trading platforms.
- The exemptions and qualifying conditions remain unchanged from the previous policies.
- Deloitte notes these are not new exemptions, but a consolidation of earlier rules from Service Tax Policy No. 3/2021 and No. 8/2024 into one financial services policy for clarity and consistency.
Source: taxathand.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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