Practical Implications of Withholding Taxes

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Practical Implications of Withholding Taxes

Practical Implications of Withholding Taxes
under Income Tax and Sales Tax Laws©
by Sami Khan & Mazhar Saleem
25th August 2020 I 10:00 a.m -04:30 p.m
Royal Rodale Club, Karachi

Course Overview:
One of the most complex tax matter in current tax environment, is the monitoring of withholding taxes either relating to income tax, federal or provincial sales tax. Nowadays, it is the important task and assignment which are required to be concluded with professional efficiency and effectiveness. Non-compliance with the provisions of the monitoring of withholding, tends to the imposition of heavy penalties and recoveries measures by the Revenue Authorities resulting in the reputational and financial damages for the entities. In order to achieve the desired outcome in this area, the session is outlined for the purpose.

Further, as Federal and Provincial Governments are changing the withholding provisions day by day especially at the time of promulgation of new budgets and finance acts, therefore, understanding of the concept on the topic is more crucial. To tackle the issue relating to monitoring of withholding taxes, this one-day interactive session focuses on detailed methodologies and way forwards to ensure compliances and avoid negative coercive measures by the revenue authorities.



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