The rate of withholding tax u/s 236p has been reduced to 0.4% from 0.6% up to 15th March 2016
SRO 169(I)/2016 is an Income Tax SRO dated 29 February 2016, listed by FBR as "The rate of withholding tax u/s 236p has been reduced to 0.4% from 0.6% up to 15th March 2016".
FBR publishes this SRO as scanned images, so the text below was transcribed by Qanoon Digest from the page images, with tables set out as tables. Check the official PDF before relying on any wording or figure.
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GOVERNMENT OF PAKISTAN
REVENUE DIVISION
FEDERAL BOARD OF REVENUE
Islamabad, the 29th February,2016
Notification
(Income Tax)
S.R.O.169(I)/2016.- In exercise of the powers conferred by proviso under Division XXI of Part IV of the First Schedule to the Income Tax Ordinance, 2001 (XLIX of 2001), the Federal Government is pleased to amend the rate specified under Division XXI of Part IV of the First Schedule to 0.4% w.e.f first day of March, 2016 to fifteenth day of March 2016.
[F.No.4(21)ITP/2015]
(Rehmatullah Khan Wazir)
Member (IR-Policy)/
Additional Secretary
Related Income Tax SROs on withholding and collection
- SRO 602(I)/20173 July 2017Extension of reduced withholding tax rate for non-filers under section 236P of the Income Tax Ordinance, 2001 upto 30th September, 2017
- SRO 720(I)/20161 August 2016The rate of tax witholding u/s 236p of the Income Tax ordinance 2001 has been reduced to 0.4% from 0.6% on bank transactions for one month upto 31-08-2016
- SRO 494(I)/201630 June 2016The rate of tax withholding u/s 236p of the Income Tax Ordinance 2001 has been reduced to 0.4 % from 0.6 % on bank transactions for one month upto 31-07-2016
- SRO 216(I)/201615 March 2016The rate of withholding tax under section 236P has been reduced to 0.4% from 0.6% upto 31st March, 2016
- SRO 964(I)/201530 September 2015Extension in the applicability rate of withholding tax under section 236P of the Income Tax Ordinance, 2001
- SRO 136(I)/201513 February 2015SRO 136(I)/2015 issued increasing withholding tax rates for Non- Filers in respect of imports and services under sections 148 and 153 (1)(b) respectively