Indus Motor Company

Withholding Tax Rates for ‘Own Money’ Motor Vehicle Purchase Updated for 2024-25

KARACHI, September 14, 2024 – The Federal Board of Revenue (FBR) has announced updated withholding tax rates for motor vehicle purchases made on ‘own money’ during the tax year 2024-25. The new rates were included in the FBR’s revised withholding tax card, which outlines the specific charges under Section 231B(2A) of the Income Tax Ordinance, […]

Continue Reading