Karachi, October 8, 2025 — The Federal Board of Revenue (FBR) has announced a significant 19% increase in the collection of withholding tax on weddings during the fiscal year 2024–25, highlighting improved compliance and growing formalization in the event management sector. According to the latest FBR data, withholding tax collected from weddings reached Rs2.02 billion in FY25, compared to Rs1.70 billion in the previous fiscal year. This rise reflects both increased enforcement and a surge in lavish wedding expenditures across Pakistan’s major cities, including Karachi, Lahore, and Islamabad. The tax is collected under Section 236CB of the Income Tax Ordinance, 2001, which was introduced through the Finance (Supplementary) Act, 2023. The law mandates advance tax collection from individuals or entities organizing events in marriage halls, marquees, hotels, restaurants, clubs, or community centers. This also includes taxes on payments for food, decoration, and other services related to such events. Under the current tax framework, a 10% withholding tax applies to individuals listed on the Active Taxpayers List (ATL), while…