Federal Board of Revenue (FBR) has issued withholding tax rates on sale and purchase of immovable properties during the year 2022-2023. The FBR issued withholding tax card for 2022-2023 after incorporating changes brought through Finance Act, 2022 to the Income Tax Ordinance, 2001. Tax authorities collect withholding tax on sale of immovable property under Section […]

Federal Board of Revenue (FBR) has notified withholding tax rates for sale of property through public auction during year 2022-2023. The FBR issued withholding tax card 2022-2023 after incorporating amendments made through Finance Act, 2022 to the Income Tax Ordinance, 2001. READ MORE: Tax rates on usage of phone, internet applicable during 2022-2023 The revenue […]

Federal Board of Revenue (FBR) has notified withholding tax rate on payment made for brokerage and commissioner during tax year 2022-2023. The FBR issued updated withholding tax card for the year 2022-2023 after amendments made through Finance Act, 2022 to the Income Tax Ordinance, 2001. READ MORE: Non-ATL to pay 200% more tax on motor […]

Federal Board of Revenue (FBR) has notified rates of withholding tax for exports and export of services made during the year 2022-2023. The FBR issued the withholding tax card for tax year 2023 (July 01, 2022 to June 30, 2023) after amending the Income Tax Ordinance, 2001 through changes brought through Finance Act, 2022. Following […]