Withholding Tax on Residents Section 153

Withholding tax on residents

Introduction Withholding tax on residents is collected under Section 153 of the Income Tax Ordinance, 2001.  According to Section 81 of the Income Tax Ordinance, 2001, “A person shall be a resident person for a tax year if the person is — (a) a resident individual, resident company or resident association of persons for the … Read more