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Business

All You Need to Know About FBR Withholding Tax on Sale and Purchase of Immovable Property

The Federal Board of Revenue (FBR), with its commitment to fiscal responsibility and revenue generation, has recently implemented significant changes in withholding tax rates...

Business

Cash Withdrawal Tax Update: FBR Introduces Withholding Tax on Amounts Exceeding Rs. 50,000

Income Tax Ordinance, 2001 through the Finance Act 2023, specifically focusing on the reintroduction of tax collection on cash withdrawals from Non-ATL (Active Taxpayer...

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