Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

FBR imposes 10pc withholding tax on marriage functions for TY 2027

byCT Report
04/08/2026
in Breaking News, Islamabad, Latest News
Share on FacebookShare on Twitter

ISLAMABAD: The Federal Board of Revenue (FBR) has imposed a 10% adjustable withholding tax on marriage functions and other social gatherings under the updated Income Tax Ordinance, 2001, applicable to Tax Year (TY) 2027, starting from July 1. 2026.

The updated Income Tax Ordinance, incorporating amendments introduced through the Finance Act, 2026, provides that advance tax will be collected on the total bill of specified functions held at designated venues.

You might also like

Pakistan, Indonesia explore new avenues for bilateral trade

04/08/2026

BOI Minister meets delegation of Sundar green SEZ

04/08/2026

Advance tax to be collected on event bills

Under Section 236CB of the Income Tax Ordinance, every prescribed person is required to collect advance tax at the rate specified in the First Schedule from any person arranging or holding a function at:

• Marriage halls

• Marquees

• Hotels

• Restaurants

• Commercial lawns

• Clubs

• Community centres

• Any other venue used for such functions

The tax will be collected on the total amount of the bill charged for the event and will be adjustable against the taxpayer’s final income tax liability.

Catering and related services also covered

The law also extends the withholding tax requirement to payments for food, catering, decoration and other services provided by third-party vendors.

Where such services are supplied by another service provider, the prescribed person operating the venue must collect advance tax on the payments made for those services at the prescribed rate.

Related Stories

Pakistan, Indonesia explore new avenues for bilateral trade

byCT Report
04/08/2026

RAWALPINDI: Pakistan and Indonesia are gearing up to expand bilateral economic cooperation by addressing existing trade imbalances and establishing direct...

BOI Minister meets delegation of Sundar green SEZ

byCT Report
04/08/2026

ISLAMABAD: Federal Minister for Board of Investment (BOI), Mr. Qaiser Ahmed Sheikh, held a meeting with Member National Assembly (MNA)...

Pakistan, Iran reaffirm commitment to boost bilateral trade to $10b

byCT Report
04/08/2026

ISLAMABAD: Pakistan and Iran have reaffirmed their commitment to increase bilateral trade to $10 billion as the 10th Pakistan-Iran Joint...

Karachi set for Pakistan’s first technical mining conference

byCT Report
04/08/2026

KARACHI: Pakistan’s first technical mining conference will be held in Karachi on Aug. 6, with major mining companies from the...

Next Post

Karachi set for Pakistan's first technical mining conference

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.