The Federal Board of Revenue (FBR) has imposed a withholding tax on wedding halls, a step that is likely to make marriage ceremonies more costly.
According to details, a 10 percent withholding tax will be charged by marriage halls to customers who book the venue for a function.
In a statement, Wedding Halls Association President Rana Raees said that customers will now have to pay the 10 percent withholding tax which will be paid to FBR by marriage halls.
He clarified that the 10 percent withholding tax has nothing to do with marriage halls and is something that the FBR has imposed.
He also advised customers to keep in mind FBR’s policy on withholding taxes when booking wedding halls.
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Should be 25% minimum. Many of these rich guys don’t pay income tax. So tax them in other ways.
Only the Super Rich and Elite that pay zero taxes enjoy such lavish weddings, make it 30%.
3LAC CHARGING FROM BOOKING PERSON AND 30K SHOWING ON INVOICE