Federal Government is pleased to exempt profit on loans borrowed by Government of Pakistan under Facilities Agreement from M/s. Noor Bank PJSC.
SRO 282(I)/2017 is an Income Tax SRO dated 25 April 2017, listed by FBR as "Federal Government is pleased to exempt profit on loans borrowed by Government of Pakistan under Facilities Agreement from M/s. Noor Bank PJSC.".
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 25th April, 2017
NOTIFICATION
(Income Tax)
S.R.O. 282 (I)/2017.- In exercise of the powers conferred under clause (75) of Part I of the Second Schedule to the Income Tax Ordinance, 2001, the Federal Government, is pleased to exempt profit on loans borrowed by Government of Pakistan under Facilities Agreement dated 26th November, 2013 from M/s. Noor Bank PJSC.
[F.N. 4(159)IT-Budget/2016-Pt]
(Dr. Muhammad Iqbal)
Additional Secretary/
Member (IR-Policy)
Related Income Tax SROs on exemptions and concessions
- SRO 655(I)/201713 July 2017Exempt Profit on Loans Borrowed by Government of Pakistan under Facilities Agreement from M/s. Credit Suisse A.G.
- SRO 289(I)/201727 April 2017Reduced Rate of Withholding Tax Under Section 236P
- SRO 284(I)/201725 April 2017Federal Government is pleased to exempt profit on loans borrowed by Government of Pakistan under Facilities Agreement from M/s. Dubai Islamic Bank PJSC.
- SRO 283(I)/201725 April 2017Federal Government is pleased to exempt profit on loans borrowed by Government of Pakistan under Facilities Agreement from M/s. Standard (as Lead Manager) and M/s. Noor Bank PJSC (as investment Agent)
- SRO 281(I)/201725 April 2017Federal Government is pleased to exempt profit on loans borrowed by Government of Pakistan under Facilities Agreement from M/s. Credit Suisse A.G.
- SRO 280(I)/201725 April 2017Federal Government is pleased to exempt profit on loans borrowed by Government of Pakistan under Facilities Agreement from M/s China Development Bank Corporation.