FBR Imposes 10% Tax on Wedding Events

The Federal Board of Revenue (FBR) has introduced a 10% withholding tax on wedding events, with wedding hall owners set to collect the levy on upcoming bookings.

An agreement to implement the tax was reached during a meeting between FBR officials and the Wedding Halls Association. “A percentage of withholding tax will also be applied to the booking of any event in wedding halls,” said Rana Raees, the association’s president.

The move is part of the FBR’s efforts to address a substantial revenue shortfall. In November 2024, the authority collected Rs855 billion, falling Rs149 billion short of its Rs1,003 billion target.

The tax on weddings is seen as a measure to enhance collections in a sector that has historically evaded strict taxation. The Wedding Halls Association has committed to ensuring compliance with the new directives.

Zayn

Zain is a dynamic business student with a passion for technology that goes beyond the classroom. When he's not immersed in his studies, Zain can be found playing with the latest gadgets, fueled by a genuine curiosity for emerging tech trends. His love for technology extends to his avid reading habits, where he stays updated on the latest advancements and breakthroughs in the tech world. Despite his academic focus, Zain is also an outdoor enthusiast, always ready for an adventure. With several years of experience in writing news, Zain brings a unique blend of business acumen, tech-savviness, and journalistic expertise to any discussion or project.