Photonews Logo Photonews logo
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Azad Jammu Kashmir
    • Balochistan
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
    Gen V Season 2 trailer
    Videos

    Gen V Season 2 Trailer Cast, Plot, Premiere Details

    July 26, 2025 3 Min Read
    IShowSpeed Daniel La Belle race
    Videos

    IShowSpeed Beats Daniel La Belle in 40-Meter Race, Hits 41M Subscribers

    June 24, 2025 2 Min Read
    Cardi B new single Outside
    Videos

    Cardi B’s ‘Outside’ Single Sparks Buzz Over Offset and Stefon Diggs

    June 20, 2025 2 Min Read
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Reading: FBR Imposes 10% Withholding Tax on Marriage Halls
PhotoNews Pakistan PhotoNews Pakistan
Font ResizerAa
Search
  • Home
  • Pakistan
    • Punjab
    • Sindh
    • Khyber Pakhtunkhwa
    • Balochistan
    • Azad Jammu Kashmir
    • Gilgit – Baltistan
  • World
  • Business
  • Entertainment
  • Videos
  • Sports
  • Technology
  • Offbeat
  • Blog
  • Contact
Have an existing account? Sign In
Follow US
© 2022 Photonews. All Rights Reserved.
Withholding Tax Marriage Halls
PhotoNews Pakistan > Business > FBR Imposes 10% Withholding Tax on Marriage Halls
Business

FBR Imposes 10% Withholding Tax on Marriage Halls

Web Desk
By Web Desk Published December 6, 2024 1 Min Read
Share
An illustrative image of a Stage in Marriage Hall. Photo Credits: Adobe Stock
SHARE

According to the Marriage Hall Association, the Federal Board of Revenue (FBR) has introduced a 10% withholding tax on marriage halls, which event organizers will pay.

On Friday, Rana Raees, the association’s president, announced that this tax would be levied on the party organizing the event and the hall’s rental fees. He emphasized that marriage hall owners are not responsible for this tax.

شادی ہالز پر 10 فیصد ودہولڈنگ ٹیکس فائلر ایڈجسٹ کر سکتا ہے، رانا رئیس
بول نیوز سے براہ راست: https://t.co/qeRYCpA0js#BOLNews #BreakingNews pic.twitter.com/q3jt38GtGw

— BOL Network (@BOLNETWORK) December 6, 2024

Raees added that this measure follows FBR’s directives to enhance tax collection within the sector.

The tax authority is currently addressing a significant revenue shortfall. As of November 2024, it had collected approximately Rs855 billion, falling short of the Rs1,003 billion target by Rs149 billion.

The Federal Board of Revenue (FBR) has imposed a 10% withholding tax on marriage halls, which according to the Marriage Hall Association, would be born by the event organisers. In a statement issued on Friday, association president Rana Raees said that the tax will be collected… pic.twitter.com/4EsgSxlp4D

— The Frontier Voice (@thefrontiervoic) December 6, 2024

The FBR initially projected a Rs321 billion shortfall for the first half of the fiscal year (July-Dec). Still, the deficit surpassed Rs338 billion in just five months.

To meet the goals of the International Monetary Fund (IMF) program, the FBR must collect Rs1.71 trillion in December 2024 to reach the six-month target of Rs6.009 trillion. As of now, it has gathered Rs4.3 trillion in the first five months of FY2024-25.

TAGGED:FeaturedKarachi
Share This Article
Facebook Twitter Pinterest Whatsapp Whatsapp LinkedIn Email Copy Link Print
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Advertisement

HBL Saving Made Easy
HBL Saving Made Easy

Recent Posts

Garena Free Fire Max

Garena Free Fire Max Redeem Codes for September 8, 2025

iPhone 17 2025

iPhone 17: Expected Features, Price, and Colors for Apple’s 2025 Release

Trump US Open 2025

Trump Booed at 2025 US Open Final: Sarcastic Comment on Fan Reaction

Post Archives

More Popular from Photonews

Roblox Saudi Arabia Censorship
Tech

Roblox Complies with Saudi Arabia’s Media Regulations for Content

2 Min Read
Starmer Cabinet Reshuffle
Top NewsWorld

UK PM Starmer Reshuffles Cabinet, Appoints Lammy and Mahmood

3 Min Read
CJP Yahya Afridi
Pakistan

CJP Yahya Afridi Calls Full Court Meeting to Review Supreme Court Rules

2 Min Read
Sports

Bill Belichick and Jordon Hudson’s Relationship Draws Attention

The relationship between NFL legend Bill Belichick, age 73, and Jordon Hudson, age 24, has caught the attention…

September 2, 2025
Sports

Messi Double Leads Argentina Qualify for World Cup 2026

Lionel Messi scored two goals as Argentina won 3-0 against Venezuela at Buenos Aires’ Estadio Monumental.…

September 5, 2025
Entertainment

David Bowie’s Unfinished 18th Century Musical Revealed

The BBC revealed that David Bowie, who died from cancer in January 2016, was secretly working…

September 5, 2025
Sports

Messi Doubts 2026 World Cup Role After Argentina’s Win

Lionel Messi scored two goals in Argentina’s 3-0 win over Venezuela. It was the second-to-last game…

September 6, 2025
PhotoNews Pakistan

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

Categories

  • World
  • Pakistan
  • Punjab
  • Sindh
  • Khyber Pakhtunkhwa
  • Balochistan
  • Azad Jammu Kashmir

 

  • Top News
  • Business
  • Entertainment
  • Sports
  • Videos
  • Tech
  • Offbeat
  • Blog

© 2024 Phototnews
All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?