Wednesday , June 3 2020

FBR imposes 5% advance tax on marriage functions, other events

FBR imposes 5%

ISLAMABAD (Web Desk) – Pakistan Federal Board of Revenue (FBR) imposed 5% advance tax on different functions including seminar,s, wedding, exhibition, workshop, concert, different types of parties like marriage , birthday,etc or any other gathering at a hotel or any other commercial place with in any Provence of pakistan .

“Every persons which will organized any function in hotels or any other commercial place shall collect advance tax at the rate of five percent on the total amount of the bill payment from a person arranging or holding a function in a marriage hall, open marquee, hotel, restaurant, lawns, day and night clubs, a community place or any other place used for parties,marriage programs and others functions ,” states a notification was issued by the FBR on Friday .

The notification further states:”Where the food, service or any other facility is provided by any other person, the prescribed person shall also collect advance tax on the payment for such food and service or facility at the rate of five percent from the person arranging or holding the function.”

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