ISLAMABAD, (TDI): The Federal Board of Revenue (FBR) has announced a 10% withholding tax on wedding events in Pakistan, which will be collected by event organizers.
After a meeting between FBR officials and the Wedding Halls Owners Association, it was decided that wedding hall owners would be responsible for collecting this tax for future events.
According to the President of the Wedding Halls Association, under the new government policy, anyone hosting an event at a wedding hall will be required to pay the 10% withholding tax.
As per FBR guidelines, the tax collected will be kept separate from the wedding hall rental charges and sent directly to the FBR.
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This move is part of a broader effort for tax reforms by the federal government in collaboration with the International Monetary Fund (IMF). Previously, the FBR linked restaurants and shopping centers to Point of Sale (POS) systems, a decision that faced backlash from traders.
Earlier, the Flour Mills Association had also protested the FBR’s withholding tax collection.
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Under the latest arrangement with wedding hall owners, any party organizing an event at a wedding venue will now be required to pay the 10% withholding tax on top of the rental fees, which will be submitted directly to the FBR.
The Wedding Halls Association clarified that this tax will be maintained separately from the venue rental charges in future transactions.
