ISLAMABAD: Auditor General of Pakistan (AGP) has analysed that the increase in withholding tax collection was mainly attributable to increase in tax rates for the salaried class during 2023-24.

ISLAMABAD: The IT and IT enabled services will continue to be subject to withholding tax rate of 4 percent during 2025-26. According to an income tax circular of the Federal Board of Revenue (FBR), ...

KARACHI: Fleet operators, goods transporters, advertisers and yarn merchants on Monday strongly criticised the federal government’s decision to increase the withholding tax (WHT) on specified services ...

ECONOMYNEXT –Sri Lanka’s Inland Revenue Department (IRD) has introduced a self declaration method to get exemption from Withholding Tax (WHT) deduction with effect from April 1 this year, a top ...

We are partially VAT-exempt medical services company (no VAT on sales); European parent company invoices management fees, R&D and Royalties. We have to pay tax to our HMRC on these invoices. I wonder ...

The newly gazetted withholding tax (WHT) regulations have generated reactions from the business community, with some stakeholders demanding that the exemption turnover ceiling be raised to as much as ...

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The Federal Inland Revenue Service (FIRS) has announced its intention to launch a nationwide Value-Added Tax (VAT) and Withholding Tax (WHT) compliance monitoring exercise for all taxable individuals, ...

Abstract: Various precoders have been recently studied by the wireless community to combat the channel fading effects. Two prominent precoders are implemented with the discrete Fourier transform (DFT) ...