Tax rates on builders, developers for tax year 2022

Tax rates on builders, developers for tax year 2022

The tax rates on builders and developers tax year 2022 under the First Schedule of the 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 builders and developers:

TAX ON BUILDERS: The rate of tax under Section 7C shall be as follows:

tax rates on builders, developers

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