Withholding tax rates on transfer of motor car ownership
The Federal Board of Revenue (FBR) in Pakistan has announced the revised rates of withholding tax applicable to the transfer of registration or ownership of motor vehicles for the fiscal year 2021/2022. The new rates, detailed under Section 231B(2) of the Income Tax Ordinance, 2001, provide a framework for the collection of withholding tax by … Continue reading Withholding tax rates on transfer of motor car ownership
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