Tax rates on return on investment in sukuk for TY22

The advance tax rates on return on investment in sukuk for the tax year 2022 are 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. The rate of tax to be deducted on return on investment … Continue reading Tax rates on return on investment in sukuk for TY22