Tax Exemption on yield of third Pakistan Sukuk
----- is an Income Tax SRO dated 30 September 2016, listed by FBR as "Tax Exemption on yield of third Pakistan Sukuk".
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 30th September, 2016
NOTIFICATION
(INCOME TAX)
The Federal Government is pleased to accord approval for the purpose of clause (75) of Part I of Second Schedule to the Income Tax Ordinance, 2001 (XLIX of 2001), to the income of agency of a foreign government, a foreign national (company, firm or association of persons), or any other non-resident person, from profit on moneys borrowed in respect of Pakistan International Sukuk 2016 issued by "The Third Pakistan International Sukuk Company Limited."
[C.No.4(125)IT-Budget/2016]
(Shaukat Ali)
Member (Legal)/
Additional Secretary
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