Complete Income Tax Law

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(Rate of Taxes, 2018 - First Schedule)

135th update dated July 31, 2018

This update covers:-

-SRO 887(I)/2018.

The changes are briefly listed as follows:-

Part I Income Tax Ordinance

1.         On page 484(13), new clauses (144) & (145) have been added in the 2nd Schedule Part I by SRO 887(I)/2018 dated July 23, 2018. This is re: Exemption on profits and gains on business conducted in FATA / PATA.

2.         On page 496AW, new clause (106) has been added in the 2nd Schedule Part IV by SRO 887(I)/2018 dated July 23, 2018. This is re: Exemption from application of tax deduction and collection provisions in FATA / PATA.