The Federal Board of Revenue (FBR) has imposed a withholding tax on wedding venues, raising concerns about the rising cost of marriage ceremonies. With this policy, wedding halls must collect a 10% withholding tax from customers booking venues. The FBR aims to enforce the wedding hall withholding tax to increase revenue, but it adds financial pressure to an already costly event.
Rana Raees, President of the Wedding Halls Association, explained that customers bear the responsibility for this tax. Wedding halls will collect and submit it to the FBR. He clarified that the wedding hall withholding tax is a government directive and does not relate to the venues’ charges.
Moreover, he advised customers to consider this policy when budgeting for their events to avoid last-minute surprises.
This decision has triggered mixed reactions. Many believe it could make weddings less affordable for families. While the FBR intends to enhance tax revenue, the measure may affect people’s ability to host large celebrations.
As the wedding season approaches, couples must prepare for this added expense while finalizing their plans.
