Withholding tax rates on dividend payment for 2021-2022

In a move to streamline tax collection and enhance transparency, the Federal Board of Revenue (FBR) has issued updated rates of withholding tax on payment of dividends for the fiscal year 2021-2022. These rates, applicable to all dividend payments, aim to ensure that the government receives its due share of revenue while also promoting compliance … Continue reading Withholding tax rates on dividend payment for 2021-2022