Rate of tax on foreign payment through debt, credit cards

ISLAMABAD: Federal Board of Revenue (FBR) has notified rate of advance tax on amount remitted abroad through credit or debit cards. The FBR issued withholding tax card for tax year 2020-2021 (updated... Read more »

Withholding tax rate on non-cash banking transactions updated

ISLAMABAD: Federal Board of Revenue (FBR) has updated withholding tax rate on non-cash banking transactions made by persons not appearing on the Active Taxpayers List (ATL). The FBR issued withholding tax card... Read more »

FBR updates withholding tax rates on purchase of domestic, international air tickets

ISLAMABAD: Federal Board of Revenue (FBR) has updated withholding tax rates on purchase of domestic and international air tickets during tax year 2021. The FBR issued withholding tax card 2020-2021 (updated up... Read more »

Withholding tax rate on educational fee updated

ISLAMABAD: Federal Board of Revenue (FBR) has updated withholding tax rate on payment of educational fee for tax year 2021. The FBR issued withholding tax card 2020-2021 (updated up to June 30,... Read more »

Withholding tax rates on sales made to retailers, wholesalers, distributors

ISLAMABAD: Federal Board of Revenue (FBR) has issued withholding tax rates on sales made by manufacturers to retailers, wholesalers and distributors during tax year 2021. The FBR issued the withholding tax card... Read more »

FBR updates withholding tax rates on sale, purchase of immovable properties

ISLAMABAD: Federal Board of Revenue (FBR) has updated the withholding tax rates on sale and purchase of immovable properties for tax year 2021. The FBR issued withholding tax card 2020-2021 (updated up... Read more »

Withholding tax rates updated for telephone subscribers

ISLAMABAD: Federal Board of Revenue (FBR) has updated withholding tax rates for tax year 2021 to be paid by telephone subscribers for using phone services. The FBR issued withholding tax card 2020-2021... Read more »

FBR updates withholding tax rates for electricity consumers

ISLAMABAD: Federal Board of Revenue (FBR) has updated withholding tax rate on the amount paid for electricity bills by commercial, industrial and domestic consumers. The FBR issued withholding tax card 2020-2021 (updated... Read more »

Withholding tax rates for brokerage, commission updated

ISLAMABAD: Federal Board of Revenue (FBR) has updated withholding tax rates for brokerage and commission income for tax year 2021. The FBR issued withholding tax card 2020-2021 incorporating amendment to Income Tax... Read more »

Withholding tax rates on registration, transfer of motor vehicles updated

ISLAMABAD: Federal Board of Revenue (FBR) has updated withholding tax rates on registration and transfer of motor vehicles for tax year 2021. The FBR updated the withholding tax card 2020-2021 (up to... Read more »