The reduced rate of Withholding tax u/s 236P has further been amended to be 0.3% from 0.6% upto 29th February, 2016.
SRO 72(I)/2016 is an Income Tax SRO dated 1 February 2016, listed by FBR as "The reduced rate of Withholding tax u/s 236P has further been amended to be 0.3% from 0.6% upto 29th February, 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.
Page 1
GOVERNMENT OF PAKISTAN
REVENUE DIVISION
FEDERAL BOARD OF REVENUE
Islamabad, the 01st February, 2016
Notification
(Income Tax)
S.R.O. 72 (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 0.3% w.e.f first day of February, 2016 to twenty ninth day of February, 2016.
[F.No.2(2)Tax.Base.2010-Pt-1]
(Rehmatullah Khan Wazir)
Member (IR-Policy)/
Additional Secretary
Related Income Tax SROs on exemptions and concessions
- SRO 370(I)/201630 April 2016Reduced rate of WHT u/s 236P at 0.4% has been extended till 31.05.2016.
- SRO 286(I)/20161 April 2016Reduced rate of tax deduction u/s 236P at 0.4% shall continue till extended date.
- SRO 1329(I)/201531 December 2015Time Period for reduced rate of 0.3% on banking transaction u/s 236p extended upto 31st January, 2016
- SRO 1182(I)/20151 December 2015Notification regarding extension of time period of reduced rate of Withholding Tax u/s 236p of Income Tax Ordinance, 2001 from 1st December to 31st December, 2015
- SRO 1135(I)/201515 November 2015Time period for reduced rate of 0.3% on banking transactions under section 236P extended upto 30th November, 2015
- SRO 1092(I)/20159 November 2015Time period for reduced rate of 0.3% on banking transactions under section 236P extended upto 15th November, 2015