Rates of tax on sales to distributors during tax year 2022

The rates of income tax on sales to distributors during tax year 2022 to be applicable under Second Schedule of Income Tax Ordinance, 2001. The Federal Board of Revenue (FBR) issued the Income Tax Ordinance, 2001 updated up to June 30, 2021. The Ordinance incorporated amendments brought through Finance Act, 2021. Following are the rates on sales to distributors┬áthat shall … Continue reading Rates of tax on sales to distributors during tax year 2022