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ISLAMABAD: The Federal Board of Revenue (FBR) has witnessed a huge increase of 56.9 percent (Rs.66.7 billion) in collection of withholding tax on sales of immovable property during July-June (2025-26) against the same period last fiscal year.

According to the FBR’s data for the whole fiscal year (2025-26), major contributions of withholding taxes during 2025-26 included contracts, imports, sale of immovable property, dividends and salaries.

FBR data further revealed that the withholding taxes collection from contracts showed an increase of 22.3 percent (Rs.162.3 billion) under section 153 of Income Tax Ordinance 2001 during 2025-26.

During the period under review, the withholding tax collection from imports witnessed an increase of 16.5 percent (Rs.69.5 billion) under section 150 of Income Tax Ordinance 2001) and sale of immoveable property showed an increase of 56.9 percent (Rs.66.7 billion) under section 236C of Income Tax Ordinance 2001.

The withholding taxes collection from dividends witnessed an increase of 18.5 percent (Rs.30.0 billion) under section 149 of Income Tax Ordinance 2001) and WHT collection under the head of salaries showed an increase of 3.8 percent (Rs.23.0 billion) during 2025-26.

Copyright Business Recorder, 2026

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Shahid Nawaz Sep 07, 2026 08:06pm
All the sections of income tax quoted wrongly.
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