The withholding tax system is one of the strongest tools used by the Federal Board of Revenue (FBR) to identify individuals and businesses earning taxable income but remaining outside the tax net. At the heart of this system lie withholding tax statements, which act as a powerful data source for tracking economic activity across Pakistan.
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Know the Importance of Withholding Tax Certificate for Tax Year 2026
If you are paying withholding tax to prescribed withholding agents under the Federal Board of Revenue (FBR), it is crucial to obtain a certificate of collection or deduction. This certificate is essential for filing your income tax return for tax year 2026.
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Who Shall Pay Unpaid Withholding Tax? Understanding Section 162
When withholding tax is not collected or deducted, a common question arises: Who ultimately pays the unpaid tax—the withholding agent or the person receiving the payment? The Federal Board of Revenue (FBR) has clarified this under Section 162 of the Income Tax Ordinance, 2001 for tax year 2026.
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Sadie Sink shares advice given to young ‘Stranger Things’ star as series nears finale
Los Angeles — Sadie Sink has opened up about the guidance she offered to her younger Stranger Things co-star, Nell Fisher, as the globally popular Netflix series heads toward its highly anticipated finale.
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Kris Jenner and Khloe Kardashian share glamorous 2025 Christmas party
Kris Jenner and her daughter Khloe Kardashian gave fans a glamorous look into the Kardashian-Jenner family’s 2025 Christmas celebration, sharing festive photos from their annual holiday party.
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Prince William warned Royal rift with Prince Harry could become final in 2026
Prince William has reportedly been warned that his long-running rift with Prince Harry could reach a decisive breaking point in 2026, potentially closing the door on any future reconciliation between the royal brothers.
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Miles Teller wins hearts after recreating wife Keleigh’s lost wedding dress for Christmas
Miles Teller has been crowned “husband of the year” across social media after his wife, actress Keleigh Teller, revealed the deeply emotional Christmas gift he surprised her with.
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Cristiano Ronaldo fires Al-Nassr to record 10th straight Saudi Pro League win
Cristiano Ronaldo delivered another masterclass performance as Al-Nassr secured a dominant 3-0 victory over Al Akhdoud on Saturday, extending their record-breaking run to 10 consecutive wins in the Saudi Pro League.
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Islamabad Customs announces auction of seized vehicles on December 30
Islamabad, December 27, 2025 – The Collectorate of Customs Enforcement, Islamabad, has officially announced a public auction of a large lot of seized vehicles, scheduled for December 30, 2025. The auction will take place at the State Warehouse of the Collectorate of Customs, Enforcement, Islamabad, providing an opportunity for interested buyers to purchase a wide variety of vehicles previously confiscated during customs enforcement operations.
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Quetta Customs seizes Rs317 million worth of smuggled goods
Quetta, December 27, 2025 – In a strong move against illicit trade, the Collectorate of Customs Enforcement Quetta has successfully conducted a series of anti-smuggling operations, resulting in the seizure of contraband goods valued at an estimated Rs317 million.
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