Dear Valued Customer,

Greetings from Nexus Technologies.

It is to inform that withholding tax rate for the year 2023-24 has been updated by FBR.
WHT rate is 4% on IT services and IT enabled services under section 153(1)(b).

Note:
1- Share the deduction details for correct record update
2- Deduct withholding tax as per current rate i.e. 4% against NTN 7242571-1
3- Provide CPR / Tax Payment Challan within 15 days of deduction otherwise
    deducted amount will be invoiced and may cause services interruption.

Regards,
Nexus Technologies - Smart Solutions for Smart People
Website: https://www.nexus.pk | UAN: 0300-0341140
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Monday, July 3, 2023

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