Interest was brought under WHT in order to make it a final tax and to administer collection more efficiently through financial institutions. This was the practice more than a decade and it was very ...

The government is to implement a mechanism for the refund of With Holding Tax (WHT) from retirees who do not come within the income tax ambit. The move comes amid the recent government decision to ...

The present draft tax proposals states that the introduction of With Holding Tax (WHT) would be only an advanced deduction, and the Payees will be subjected to file Tax returns each year and make the ...