Amendment in Income Tax Ordinance, 2001
SRO 2012SRO569 is an Income Tax SRO dated 26 May 2012, listed by FBR as "Amendment in Income Tax Ordinance, 2001".
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.
Page 1
Government of Pakistan
Revenue Division
Federal Board of Revenue
Islamabad, the 26th May, 2012
NOTIFICATION
(Income Tax)
S.R.O. 569 (I)/2012. - In exercise of the powers conferred by sub-section (2) of section 53 of the Income Tax Ordinance, 2001 (XLIX of 2001), the Federal Government is pleased to direct that the following further amendment shall be made in the Second Schedule to the said Ordinance, namely:-
In the aforesaid Schedule, in Part II, after clause (26), the following new clause shall be added, namely:-
"(27) The tax on payments under the Compulsory Monetization of Transport Facility for Civil Servants in BS-20 to BS-22 (as reduced by deduction of driver's salary) shall be charged at the rate of 5% as a separate block of income.".
[F.No. 4(28)ITP/2012]
( Shahid Hussain Asad )
Member (Inland Revenue)/
Additional Secretary
Related Income Tax SROs on amendments to earlier sros
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