No reduction in Withholding Tax: FBR

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                                        No reduction in Withholding Tax: FBR

Islamabad: The Federal Board of Revenue (FBR) has turned down real estate stakeholders’ request to bring down the percentage of withholding tax on property transactions, states a new source.
In a meeting held to discuss details of granting real estate tax amnesty scheme, real estate stakeholders had also demanded the government reduce withholding tax, but the FBR refused to accept this demand, stating that the withholding tax would be reviewed in the next budget. Read more..

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