Private Company Employees Will No Longer Be Able to Manipulate Tax Deductions, Bill Approved

Lahore: Employees in private companies will no longer be able to manipulate tax deductions from their salaries as the Punjab Finance Amendment Bill 2025 has been approved. The Standing Committee of the Punjab Assembly has given its consent to this bill.
The meeting of the Standing Committee on Excise was chaired by Chairman Agha Ali Haider, with officials from the Excise Department, Law Department, and Finance Department also in attendance. After thorough deliberations, the committee approved the Punjab Finance Amendment Bill 2025, which will now be formally presented for approval in the Punjab Assembly.
The aim of the bill is to ensure proper tax collection from professional employees in private companies. Under the new provisions, accounts officers in private companies will be authorized to deduct taxes from employees’ salaries. The DDOs (Drawing and Disbursing Officers) in these companies will be responsible for paying salaries after deducting the appropriate tax.
In case of failure to comply with tax deductions, the Excise and Taxation Officer will be held accountable for ensuring the payment of the tax amount. The deducted tax will be deposited into the government treasury.