Please note in New Finance Act 2021-22 Govt.

have reduced the Withholding Tax Rates for Tier-1

Retailers as defined in Sale Tax Act 1990 those who integrated their system with FBR. We have
successfully integrated our system with FBR in ZMN Corporation, So ZMN Corporation will be benefitted
from WHT reduced rates. New Rate for only ZMN Corporation will 0.25%. Please intimate all your
corporate customers and also mention in all future quotations the same. Reference & Extract to above is
given below:

Reference: Income Tax Ordinance 2001, Second Schedule, Part II REDUCTION IN TAX RATES, Clause 24-
C.
Extract: of Income Tax Ordinance 2001,