![]() (1)-Subject to this Ordinance, the tax imposed under Sections 5, 5AA, 6, 7, 7A and 7B shall be a final tax on the amount in respect of which the tax is imposed and. ![]() General provisions relating to taxes imposed under sections 5, 6 and 7 ![]() The Section 8 of the Ordinance explained the scheme and terms and conditions Section 7A: Tax on shipping of a resident person. Section 5AA: Tax on return on investments in sukuks. Section 7: Tax on shipping and air transport income of a non-resident person. Section 6: Tax on certain payments to non-residents. KARACHI: Federal Board of Revenue (FBR) has defined final tax regime for certain income with certain conditions explained under Income Tax Ordinance, 2001.įollowing are the income falling under Final Tax Regime under the Ordinance:
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