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18 July, 2019

FBR briefs withholding agents on new tax regime

Property News

The Federal Board of Revenue (FBR) on Wednesday arranged a seminar notifying its withholding agents in regards to the new tax system recently introduced by the government news source revealed. 

Commissioner Withholding Faisal Dar directed the session, while Additional Commissioner Withholding Azmat Hayat Ranjha advised the members on the significant principles and guidelines. 

The chief referred to the withholding agents as a 'vital cog' in the tax collection hardware. These people don't just have the status of taxpayers, yet they are likewise tax partners, he included.  

He also explained the changes made to the tax collection laws under the government spending plan. In addition, he advised the participants with respect to the new assessment strategy. 

Towards the finish of the seminar, Faisal Dar tended to worries of the members and addressed their questions. He guaranteed them of the FBR's collaboration on different significant issues.


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