- September 10, 2026
- Posted by: Tresmark
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The Federal Board of Revenue (FBR) has clarified that a 15% withholding tax (WHT) will apply to income from independent professional services starting July 1, 2026.
The measure covers independently working doctors, lawyers, architects, accountants, software engineers and developers, according to the FBR’s budget explanatory circular.
Under the revised withholding tax structure, the rate for certain services has been increased from 6% to 7%. Independent professional services will now fall under the separate 15% rate.
The revised framework also sets WHT at 12% of the gross amount paid to companies providing terminal and port operating services, while other unspecified services will be subject to a 14% rate.
Separately, the withholding tax under Section 151A on the disposal of debt securities has been increased from 15% to 20% of the specified gross capital gain.
The changes form part of the government's revised withholding tax measures under the 2026–27 budget.
