Categories
Income tax ordinance 2001 Taxation

Finance Act 2015 Corporate tax rate 32%

Corporate tax rate 32% Finance Act 2015 Finance Act 2015 had reduce corporate tax rate for non-banking companies from 33% to 32% for Tax Year 2016, the Finance Act now provides to reduce it further to 31% for Tax Year 2017 and 30% for Tax Year 2018 and onwards. It is in line with the […]

Categories
Income tax ordinance 2001 Taxation

Income tax ordinance 2001 amended updated upto 30 June 2015

Income tax ordinance 2001 updated up to 30 June 2015 Income tax ordinance 2001 amended up to 2015 Income tax ordinance 2015-16 income tax ordinance 2015 income tax ordinance 2001 pdf Click here to download        

Categories
Income tax ordinance 2001 Taxation

Income tax ordinance 2001 amended updated upto 30 June 2014

Income tax ordinance 2001 updated up to 30 June 2014 Income tax ordinance 2001 amended up to 2014 Income tax ordinance 2014-15 income tax ordinance 2014 income tax ordinance 2001 pdf Link to download Income tax ordinance 2001 updated up to 2014 [su_document url=”http://download1.fbr.gov.pk/Docs/2014101313102634216I.T.Ord,2001(updated)AmendedJune2014.pdf”] [su_document url=”http://download1.fbr.gov.pk/Docs/2014101313102634248I.T.Ord,2001(updated).docx”]    

Categories
Income tax ordinance 2001 Taxation

Are you aware of changes in taxation from Finance Act 2014?

Finance Act 2014 If you are not aware of changes in taxation (Income Tax Ordinance, 2001, Sales tax Act 1990 and custom acts) by Finance Act, 2014 Following are few sources to sharpen you knowledge; KPMG brief on Finance Act 2014 [su_document url=”http://www.kpmg.com/PK/en/IssuesAndInsights/ArticlesPublications/Documents/FinanceAct-2014.pdf”] Pwc brief  on Finance Act 2014 [su_document url=”http://www.pwc.com.pk/en/tax-memorandum/briefonamendmentsproposedinthefinancebill2014.pdf”] Deloitte brief on Finance Act 2014 […]

Categories
Income tax ordinance 2001 Taxation

Definitions in Income Tax Ordinance 2001 updated till 30 June 2014

Section 2 Definitions in Income Tax Ordinance 2001 updated till 30 June 2014 For CA – Pakistan, ACCA 1-Accumulated profits In relation to distribution or payment of a dividend, include — any reserve made up wholly or partly of any allowance, deduction, or exemption admissible under this Ordinance; for the purposes of sub-clauses (a), (b) […]