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Home Breaking News

FBR imposes withholding tax on wedding halls

byCT Report
06/12/2024
in Breaking News, Islamabad, Latest News
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ISLAMABAD: The Federal Board of Revenue (FBR) has imposed a 10% withholding tax on booking wedding halls in Karachi.

FBR officials have now imposed tax on wedding ceremonies also. The decision, made during a meeting between FBR officials and wedding hall owners, will require event organizers to pay the additional tax alongside hall rent.

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According to Rana Raees, the president of the Wedding Hall Association, the 10% withholding tax will be collected from the party hosting the event. He clarified that wedding hall owners are not directly connected to the withholding tax amount, as it is being implemented under FBR directives.

“The 10% withholding tax will be added to the rent of the wedding hall, increasing the financial burden on those organizing ceremonies,” stated Rana Raees.

The decision has sparked concerns among Karachi residents, as this additional tax adds to the list of rising costs for wedding.

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