{"id":97746,"date":"2024-07-01T11:23:18","date_gmt":"2024-07-01T06:23:18","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=97746"},"modified":"2024-07-01T11:23:20","modified_gmt":"2024-07-01T06:23:20","slug":"fto-orders-fbr-to-recover-withholding-tax","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/fto-orders-fbr-to-recover-withholding-tax.html","title":{"rendered":"FTO orders FBR to recover withholding tax shortfall from NHA"},"content":{"rendered":"\n<p>Islamabad: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to recover short-deducted withholding tax from the National Highways Authority (NHA) due to negligence by FBR\u2019s field formations, as reported on July 1.\u00a0<\/p>\n\n\n\n<p><strong>Read: <\/strong><a href=\"https:\/\/www.zameen.com\/news\/fbr-extends-office-hours-nationwide.html\" target=\"_blank\" rel=\"noreferrer noopener\">FBR extends office hours nationwide to meet annual tax target<\/a><\/p>\n\n\n\n<p>According to the details,&nbsp; a public interest complaint revealed that the NHA had not properly applied withholding taxes, resulting in significant unpaid amounts. The FTO ordered a comprehensive audit to recover the shortfall and directed the FBR to take legal action to rectify the violations. Additionally, the FTO highlighted discrepancies in withholding tax rates between the NHA and the Punjab Highway Department, requiring the NHA to pay the differential amount with an 18% surcharge.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to recover short-deducted withholding tax from the National Highways Authority (NHA) due to negligence by FBR\u2019s field formations, as reported on July 1.\u00a0 Read: FBR extends office hours nationwide to meet annual tax target According to the details,&nbsp; a public interest complaint revealed that the NHA had not properly applied withholding taxes, resulting in significant unpaid amounts. The FTO ordered a comprehensive audit to recover the shortfall and directed the FBR to take legal action to rectify the violations. Additionally, the FTO highlighted discrepancies in withholding tax rates between the NHA and the Punjab Highway Department, requiring the NHA to pay the differential amount with an 18% surcharge.<\/p>\n","protected":false},"author":89,"featured_media":75334,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15016],"tags":[50904,58401,19633,56222,6179,54568],"persona":[],"class_list":{"0":"post-97746","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-developments","8":"tag-fbr-news","9":"tag-fto","10":"tag-isla","11":"tag-news-and-updates","12":"tag-nha","13":"tag-zameen-news","14":"cat-15016-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FTO orders FBR to recover withholding tax - Zameen News<\/title>\n<meta name=\"description\" content=\"The (FTO) has directed the (FBR) to recover short-deducted withholding tax from the National Highways Authority.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/fto-orders-fbr-to-recover-withholding-tax.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FTO orders FBR to recover withholding tax - Zameen News\" \/>\n<meta property=\"og:description\" content=\"The (FTO) has directed the (FBR) to recover short-deducted withholding tax from the National Highways Authority.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/fto-orders-fbr-to-recover-withholding-tax.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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