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Withholding tax is a mechanism through which the FBR collects tax from individuals and businesses on certain sources of income or expenditure. Withholding tax is deducted from various sources of your income or expenditure, such as salary, dividends, interest, vehicle registration, transfer of ownership, property transactions, prepaid/postpaid ...
The Excise, Taxation & Narcotics Control Department is a department of Government of Punjab, Pakistan. The Excise, Taxation & Narcotics Control Department collects various taxes and duties and suggests ways and means for additional resource mobilization in the Province. [1] [2] Various type of taxes department collects include: [3] Motor ...
The U.S. imposes a 15% withholding tax on the amount realized in connection with the sale of a U.S. real property interest unless advance IRS approval is obtained for a lower rate. [15] Canada imposes similar rules for 25% withholding, and withholding on sale of business real property is 50% of the price but may be reduced on application.
According to the Int IRS, the average tax refund amount for last year’s tax season (calculated as of the end of December 2024) was $3,138. While it may seem exciting to get a nice fat check once ...
ETTSA (Excise and Taxation Technical Services Agency) government of Punjab is an autonomous body working primarily towards computerisation and automation of the Excise and Taxation Department of the Punjab State Government. [3] ETTSA works at 99 locations spanning the length and breadth of Punjab.
"With these final rules, the Biden-Harris administration is fixing a broken system, which failed to protect students and families, and addresses abuses in higher education that have cost taxpayers ...
Advance tax on cash withdrawal. : (1) Every banking company shall deduct advance adjustable tax at the rate of 0.6% of the cash withdrawal from a person whose name is not appearing in the active taxpayers’ list on the sum total of the payments for cash withdrawal in a day, exceeding fifty thousand rupees.
The Government of the Punjab (Punjabi, Urdu: حکومت پنجاب) is the provincial government of the Pakistani province of the Punjab. It is based in Lahore , the provincial capital. Its powers and structure are set out in the provisions of the Constitution , in which 41 districts come under its authority and jurisdiction.