KARACHI: According to the Marriage Hall Association, the event planners will be responsible for paying the 10% withholding tax that the Federal Board of Revenue (FBR) has placed on marriage halls.
The tax will be collected from the party hosting the event, independent of the hall’s rental fees, according to a statement released on Friday by association president Rana Raees.
Owners of marriage halls, he explained, had “nothing to do with the withholding tax”.
The association’s president noted that the decision was made in response to FBR recommendations to expedite tax collection in the industry.
Given that the total amount collected thus far for November 2024 is approximately Rs855 billion, the tax collection organization faced a significant revenue shortfall in reaching the designated target of Rs1,003 billion.