Withholding Tax Rates Card In Pakistan 2020-21

September 27, 2021 Post a Comment

The withholding tax card also included the 100 percent higher tax rates for persons not. Federal Board of Revenue FBR has updated withholding tax on rental income from immovable properties for tax year 2021.

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Updated up to June 30 2020.

Withholding tax rates card in pakistan 2020-21. In the case of a non-resident where royalty or FTS is attributable to a PE in Pakistan the amount of royaltyFTS shall be chargeable to tax as normal income. The tax withheld is deemed to be the final tax liability of the non-resident. WHT Tax Card updated upto 03 April 2017.

Tax Rate From To Up to 200000 NIL 200001 600000 5 of the amount exceeding Rs. August 13 2020. Withholding Tax Rates Card July 1 2014.

Applicable Withholding Tax Rates. IB Pt III 1st Sch. Withholding Income Tax Regime WHT Rates Card Guideline for the Taxpayers Tax Collectors Withholding Tax Agents - as per Finance Act 2020 updated up to June 30 2020 Disclaimer-This Withholding Tax Rates Card is just an effort to have a ready reference and to facilitate all the Stakeholders of Withholding Tax Regime.

600000 1000001 2000000 Rs60000 15 of the amount exceeding Rs. WHT on payments of royalty and FTS when royalty or FTS is not attributable to a PE in Pakistan is 15 or a lower treaty rate of royalty or gross fees. The Federal Revenue Board FBR revised the rates to 30 June 2019.

The complete list of withholding tax rates for taxation year 2020 is given below. 1000000 2000001 4000000 Rs210000 20 of the amount exceeding Rs. - Foreign produced film imported for the.

Rate of tax withholding Part I 1 Part II 2 Part III 55 The advance tax collected under section 148 in following cases is now also proposed to be minimum tax on income of the importer in all cases. Federal Board of Revenue FBR has updated withholding tax rates on registration and transfer of motor vehicles for tax year 2021. The FBR updated the withholding tax card 2020-2021 up to June 30 2020 incorporating amendments made to Income Tax Ordinance 2001 through Finance Act 2020.

Latest Income Tax Slab Rates in Pakistan. Under group taxation Not Applicable INVESTMENT IN SUKUKS Sec. Diligent care was taken in the preparation of this card though error omissions expected.

Repatriation of after-tax profits by branches of foreign companies 15 30 Inter-corp. In case if observed any please use comment box to inform us. - Large import houses.

Withholding Tax RegimeRates Card Guidelines for the Taxpayers Tax Collectors Withholding AgentsUpdated up to June 30 2021. G orxu ploov dqg h hdohuv dqg vxe ghdohuv ri vxjdu fhphqw dqg hgleoh rlo rqo wkrvh dsshdulqj rq 7 0rwruffoh ghdohuv 6dohv 7d 5hjlvwhuhg q doo rwkhu fdvhv 6hfwlrq dlq lq glvsrvdo ri dvvhwv rxwvlgh 3dnlvwdq. Saturday 21-08-2021 Read more Special tax provisions relating to various businesses Pk Revenue Saturday 21-08-2021 Read more Taxpayers receive mechanical notices for return filing Pk Revenue Saturday 21-08-2021 Read more Withholding tax rates on transfer of motor car ownership Pk Revenue Saturday 21-08-2021 Read more.

Tax Received by individuals or AOPs and the profit is above Rs. Industries Raw materials for the following industries have been exempted from customs duty which will make them completely duty free. In case if observed any please use comment box to inform us.

721 576 66 7. Diligent care was taken in the preparation of this card though error omissions expected. Received by Company 15 30 Adv.

Tax Card has been prepared by ZMK Tax department for the Tax Year 2020-21. 75000-in aggregate during a financial year S1531a 1531b services Every Prescribed Person section. WITHHOLDING TAX RATES SECTION WITHHOLDING AGENT Rate 1531a sales of goods Every Prescribed Person section 1537 Company 4 of the gross amount Other than company 45 of the gross amount No deduction of tax where payment is less than Rs.

Here we are listing some of the changes in taxesduties introduced by the PTI government in budget 2020- 21. Previously this salary slab was not included in the income tax deduction bracket. 200000 600001 1000000 Rs20000 10 of the amount exceeding Rs.

WHT TAX CARD 2021 UPDATED July 2020. Pakistan Tax Card for the Tax Year 2020-21. Official Email FBR Employees Government Links.

Tax Card has been prepared by ZMK Tax department for the Tax Year 2019-20 This card was prepared keeping in view recent amendments in Income Tax Ordinance 2001 through Finance Act 2019. FBR updates withholding tax rates for income from property. WHT TAX CARD UPDATED UPTO 30 JUNE 2018.

All details about customs and indirect taxes. 1M 125 25 Final Tax Received by individuals or AOPs and. 1 7 10 2 07 7 0267 05.

Pakistan Tax Card for the Tax Year 2019-20. According to the income tax slabs for FY 2021-22 a certain amount of income tax will be deducted from the salaries of individuals earning more than PKR 600000- per annum. - Motor vehicles in CBU condition by manufacturers of motor vehicles.

The FBR updated the withholding tax card 2020-2021 after incorporating amendments to Income Tax. 57. When it announced the budget for Fiscal Year 2020-21 in June 2020 the Pakistan Tehreek-i-Insaf led government had left income taxes unchanged from last year in a bid to avoid placing any.

Now lets learn more about the latest tax slab rates in Pakistan for the fiscal year 2021-22. The original Statue Income Tax Ordinance 2001 as. Compendium of Withholding of Taxes-updated 27-02-2015.

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