WebJul 1, 2024 · The Uniform rate of withholding tax under section 151 of the Ordinance on interest income has been introduced at 15%. Interest income earned by all taxpayers … WebFeb 6, 2024 · In order to explain the amendment the FBR issued circular no. 07 of 2024 on December 22, 2024. The FBR received many queries regarding the application of the reduced rate under the section 151.
Withholding Tax Regime - Federal Board of Revenue
WebAug 4, 2024 · ISLAMABAD: Federal Board of Revenue (FBR) has updated withholding tax rates on profit on debt to be prevailed during Tax Year 2024. The FBR issued … Web44 CFR Part 151 - REIMBURSEMENT FOR COSTS OF FIREFIGHTING ON FEDERAL PROPERTY . CFR ; prev next. Subpart A - Purpose, Scope, Definitions (§§ 151.01 - … newsham thirsk
Tax rate at 15 percent applicable on profit on debt: FBR
WebDec 7, 2024 · The rate of tax to be deducted from a payment referred to in clause (a) of sub-section (1) of section 153 is, in the case of— i. sale of rice, cotton seed or edible oils, 1.5% of the gross payable: ii. sale of any other goods, 3.5% of the gross amount payable; or Rate of deduction of tax on services in the case of transport services, 2% of ... Web56 9210 57 9204 58 92101 59 920900 60 6100 61 9291, CNIC No., in my capacity Signature: Date: s Agriculture Income Agriculture Income Tax on as Self / Representative (as defined in section 172 of the Income Tax Ordinance, 2001) of the Taxpayer named above, do solemnly declare that to the best of my knowledge & belief the information … WebDec 23, 2024 · December 23, 2024. ISLAMABAD: Federal Board of Revenue (FBR) on Wednesday said that the general rate of tax is 15 percent on yield on investments. However, it is reduced at 10 percent where annual profit is below Rs500,000. The FBR issued Income Tax Circular No. 07 of 2024 to clarify tax rate under Section 151 of the Income Tax … newsham woodshop