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FBR asks banks to refund excess deduction of WT on transactions

Posted on July 16, 2015May 22, 2025 By admin No Comments on FBR asks banks to refund excess deduction of WT on transactions

July 14, 2015

The rate of Withholding Tax on bank instruments beste replica uhren issued out of account has been reduced from 0.6% to 0.3% till 30 -9-2015, through Presidential Ordinance dated 11.7.2015.

It has been reported to FBR that some of the banks are still deducting tax on bank instrument of non-filers @ 0.6%. FBR has directed replica rolex the banks that if any bank has still deducted tax @ 0.6% on 13th of July, 2015 onwards, the excess amount must refunded/adjusted immediately.

Shahid Hussain Asad
Member (Inland Revenue Policy Official Spokesman of FBR replica watches uk

Press Release Tags:deducting tax, deduction of WT, fbr income tax exemption list, fbr malumat, fbr salary tax calculator, fbr taxpayer facilitation portal, https e fbr gov pk, income tax deduction, Withholding tax, withholding tax refund

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