Tag Archives: withholding tax card 2017/2018

Persons organizing function, gathering required to pay 5pc advance tax

KARACHI: Every person organizing a function of marriage or social gathering in a hall or a lawn shall pay five percent advance tax of the total paid amount.

Non-filer seller of immovable property to pay 2pc withholding tax

KARACHI: Every seller, a non-filer of income tax return, of immovable property is required to pay 2 percent withholding tax of the total value.

Non-filer purchaser of immovable property to pay 4pc advance tax

KARACHI: Every purchaser, a non-filer of income tax return, of immovable property having worth above Rs4 million is required to pay 4 percent advance tax of the total value.

5pc advance tax on air ticket adjustable

KARACHI: The Federal Board of Revenue (FBR) has said that 5 percent withholding tax deducted on purchase of domestic air ticket is adjustable against total annual income tax liability.

Internet, telephone users can adjust withholding tax

KARACHI: Federal Board of Revenue (FBR) has said that telephone and internet subscribers receiving monthly bill over Rs1,000 can adjust 10 percent withholding tax against their total tax liability.

Non-filer gas stations to pay 6pc withholding tax

KARACHI: Federal Board of Revenue (FBR) has said that non-filer CNG stations to pay 6 percent withholding income tax while paying gas consumption bill.

FBR notifies withholding tax rates for goods transports vehicles

KARACHI: Federal Board of Revenue (FBR) has notified different withholding tax rates for goods transport vehicles to be paid by filers and non-filers of income tax return.

Withholding tax paid by stock members on sale, purchase of shares made final liability

KARACHI: Federal Board of Revenue (FBR) has made withholding tax as final tax liability paid by members of stock exchange on commission earned on purchase or sale of shares.

FBR notifies withholding tax rates for brokerage, commission income

KARACHI: Federal Board of Revenue (FBR) has notified withholding tax rates to be deducted from filers and non-filers on brokerage and commission income.

Manufacturers to collect Rs450,000 from non-filers on sale of above 3,000CC vehicle

KARACHI: The Federal Board of Revenue (FBR) has said that a non-filers of income tax return is required to pay up to Rs450,000 as withholding tax on purchase of motor vehicle.