Tax rates on income from property during tax year 2022

The rate of tax on income from property for the tax year 2022 has been provided 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 tax rates on Income from Property: (a) … Continue reading Tax rates on income from property during tax year 2022