Govt to impose Withholding tax on online markets from Sept 1
MG News | August 05, 2021 at 12:50 PM GMT+05:00
0:00
August 5, 2021 (MLN): The Federal Board of Revenue (FBR) has issued a notification for the imposition of withholding tax on online markets that shall be effective from September 1, 2021.
On Wednesday, FBR announced this decision through a notice “SRO984-2021”
In the budget 2021-22, the government had proposed a withholding tax at the rate of 2% of the gross value of supplies made by persons other than active taxpayers.
Copyright Mettis Link News
Related News
.png)
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 155,108.05 69.22M | 0.43% 668.37 |
| ALLSHR | 95,030.76 275.02M | 0.38% 362.60 |
| KSE30 | 47,365.74 34.42M | 0.52% 245.83 |
| KMI30 | 226,491.22 37.37M | 0.16% 365.50 |
| KMIALLSHR | 63,712.11 119.51M | 0.23% 143.06 |
| BKTi | 41,903.67 11.75M | 0.67% 280.84 |
| OGTi | 31,589.06 3.80M | 0.32% 100.27 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 116,860.00 | 116,860.00 115,160.00 | -405.00 -0.35% |
| BRENT CRUDE | 67.34 | 67.43 66.78 | 0.35 0.52% |
| RICHARDS BAY COAL MONTHLY | 84.00 | 84.00 84.00 | -1.90 -2.21% |
| ROTTERDAM COAL MONTHLY | 93.00 | 93.25 92.75 | 0.00 0.00% |
| USD RBD PALM OLEIN | 1,106.50 | 1,106.50 1,106.50 | 0.00 0.00% |
| CRUDE OIL - WTI | 63.05 | 63.13 62.52 | 0.36 0.57% |
| SUGAR #11 WORLD | 15.81 | 15.87 15.67 | -0.01 -0.06% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|
× ![]()