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WHT transactions: FBR implements new documentation system

Published: December 23, 2023

Directs withholding agents to install and integrate fiscal electronic devices and softwares for carrying out any transactions liable to withholding tax

Source: brecorder.com

Related Topics:

Federal BoardCommissioner Inland RevenueBusiness RecorderDocumentation SystemWht TransactionsSwaps AgentsSwaps Payment ReceiptWithholding Taxes

WHT deduction, monitoring: 34 banks declared SWAPS agents

Published: June 18, 2023

ISLAMABAD: The Federal Board of Revenue (FBR) has declared 34 banks as “SWAPS” agents (withholding agents) for...

Source: brecorder.com

Related Topics:

Withholding AdministrationInformation Technology WingFederal BoardIncome Tax OrdinanceFederal Tax OmbudsmanIncome TaxDirectorate GeneralDigital InitiativesFunctional Specification DocumentWithholding TaxesBusiness Process ReengineeringWithholding TaxBusiness Process Re EngineeringFunction Specific DocumentsBusiness RecorderSwaps AgentsIncome Tax Ordinance 2001Banking Sector