Islamabad, Pakistan: The Federal Board of Revenue (FBR) has announced the updated withholding tax rates for the tax year 2025, effective from July 1, 2024, to June 30, 2025. These rates cover a wide range of income tax withholding obligations, including those for goods and services, salaried individuals, businesses, dividends, debt, builders, cars, token taxes, and property transfers.
The FBR has provided a comprehensive reference guide that outlines the specific withholding tax rates for each category. This resource is designed to assist taxpayers in understanding and complying with their tax obligations. FBR
Key areas covered in the updated rates include:
- Salaried Taxation: Rates applicable to individuals receiving salary income.
- Business Taxation: Rates for businesses and enterprises.
- Minimum Taxes: Minimum tax requirements for various entities.
- Dividend Tax: Rates for dividends paid to shareholders.
- Debt Tax: Rates for interest payments on debt.
- Builder’s Tax: Rates for builders and developers.
- Car Token Tax: Rates for vehicle registration and ownership.
- Transfer Taxes: Rates for the transfer of property and assets.
By providing this consolidated reference, the FBR aims to simplify the tax compliance process for taxpayers and ensure that everyone is aware of their respective tax liabilities.
