Withholding Tax Rates 2026 in Pakistan | Updated FBR Tax Rates Guide

Withholding Tax Rates 2026

Withholding Tax on Salary 2026: Latest Rates Under Section 149

Jan 24, 2026 Abdul Qadir Arif

Withholding Tax on Profit on Debt 2026: Latest Rates Under Section 151

Jan 24, 2026 Abdul Qadir Arif

Withholding Tax on Rental Income 2026: Latest Rates Under Section 155

Jan 24, 2026 Abdul Qadir Arif

Withholding Tax on Prizes and Winnings 2026: Latest Rates Under Section 156

Jan 24, 2026 Abdul Qadir Arif

Section 156 mandates tax deduction at source on prizes and winnings, including prize bonds, lotteries, quizzes, promotions, and crossword puzzles, with non-cash prizes taxed on fair market value. Section 156A applies withholding on commissions or discounts for petroleum sales. Rates double for non-filers, ensuring final tax, compliance, and transparent reporting.

Withholding Tax on Cash Withdrawal 2026: Latest Rates Under Section 231AB

Jan 23, 2026 Abdul Qadir Arif

Sections 231AB and 231B of the Income Tax Ordinance, 2001 require advance tax deduction on cash withdrawals exceeding Rs. 50,000 for non-filers, and on purchase, registration, leasing, sale, and transfer of motor vehicles. These provisions promote documentation, differentiate between filers and non-filers, and encourage voluntary tax compliance.

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