Withholding Tax on Salary Income Section 149

Withholding Tax on Salary Income

  Introduction Withholding tax on salary income is deducted under Section 149 of the Income Tax Ordinance 2001. Withholding tax on salary is deducted by an employer while paying salaries to the employees at the prescribed rates. According to Section 149 of the Income Tax Ordinance, 2001, an employer or his designated person shall withhold/deduct … Read more