FBR Withholding tax

FBR issues withholding tax rates on cash, online banking transactions

Federal Board of Revenue (FBR) has been encouraged to decrease income tax rates for banking organisations in accordance with general corporate expense rates. The Overseas Investors Chamber of Commerce and Industry (OICCI) in its assessment recommendations for budget 2019/2020, said that the financial segment tax rates have not been decreased in accordance with the general […]

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