TAX RATES FOR THE TAX YEAR 2020

SALARY - Sec 149, Div I Part I 1st Schedule Activity/ Nature of Payment
Tax Rate Nature of
Activity/ Nature of Payment
Tax Rate Nature of
ATL Non-ATL Tax ATL Non-ATL Tax
Taxable Income
Rate of Tax Turn over Tax - Sec113 of ITO 2001 (Minimum Tax)
From To SALE/ TRANSFER OF IMMOVABLE PROPERTY - S236C. Div X P IV 1st Sch
Up to 600,000 0% Div IX, Part I , 1st Schedule Rate Up to 1 Year
To be collected from 1% Minimum Tax
600,000 1,200,000 5% on amount exceeding Rs. 600,000 Seller/ Transferor,
Individuals & AOPs (having annual turnover Rs. 10 Million Advance
1,200,001 1,800,000 30,000 10% on amount > Rs.1.2M 1.50% where Holding Period From 1 to 5 Years 1%
or more) and Companies (Except otherwise specified) Tax
is:
1,800,001 2,500,000 90,000 15% on amount > Rs.1.8M Above 5 Years Not Applicable
Oil Marketing Companies, Refineries, SSGCL, SNGPL,
2,500,001 3,500,000 195,000 17.5% on amount > Rs.2.5M PIA, Dealer Or Distributors of Fertilizers & Poultry Industry 0.75%
3,500,001 5,000,000 370,000 20% on amount > Rs.3.5M TAX ON SALES OF PETROLEUM PRODUCTS - S 236HA,
PLUS

Distributors of Pharma, Fast Moving Consumer goods, Div XVA PIV 1st Sch
5,000,001 8,000,000 670,000 22.5% on amount > Rs.5M Cigarettes, Petroleum Agent, Rice Mills & Flour Mills & 0.25%
8,000,001 12,000,000 1,345,000 25% on amount > Rs.8M dealers of sugar, cement, edible oil (if ATL in ST & IT) On supply of petroleum products to a Advance
petrol pump operator or distributer 0.5% 1%
Tax
12,000,001 30,000,000 2,345,000 27.5% on amount > Rs.12M Motorcycles Dealers Registered under Sales Tax Act, 1990 0.30%
30,000,001 50,000,000 7,295,000 30% on amount > Rs.30M FUNCTIONS AND GATHERINGS - Sec236D, Div XI Pt IV 1st Sch
50,000,001 75,000,000 13,295,000
EXECUTION OF CONTRACTS - Sec153(1)(c), Div III Pt III 1st Sch. Functions of marriage (in Islamabad, Lahore,
32.5% on amount > Rs.50M
Multan, Faisalabad, Rawalpinid, Gujranwala,
Above 75,000,000 21,420,000 35% on amount > Rs.75M Received by Listed Companies 7% 14% Adv. Tax Bahawalpur, Sargodha, Sahiwal, Sheikhupura, Higher of 5% of
Dera Ghazi Khan, Karachi, Hyderabad, Sukkur,
Note: 25% Reduction in tax for full time teacher except practicing doctors. Received by Other Companies bill ad-valorem
7% 14% Thatta, Larkana, Mirpur Khas, Nawabshah,
Note: Salary rate applicable where salary income exceeds 75% of total taxable income. Peshawar, Mardan, Abbottabad, Kohat, Dera or Rs.20,000
Received by sportspersons Minimum Ismail Khan, Quetta, Sibi, Loralai, Khuzdar,
10% 20% Advance
TAX RATE FOR AOP & BUSINESS INDIVIDUALS Tax Dera Murad Jamali and Turbat)
Tax
Received by others 7.5% 15%
Taxable Income Higher of 5% of
Rate of Tax Functions of marriage in other cities bill ad-valorem
From To EXPORTS - Sec154, Div IV Pt III 1st Sch, CI 47C Pt IV 2nd Sch or Rs.10,000
Up to 400,000 0%
Realization of export proceeds Other functions 5% of Bill
400,001 600,000 5% on amount exceeding Rs. 400,000 [Exemption to cooking oil or vegetable ghee Final Tax
exported to Afghanistan if tax u/s 148 is paid] TAX ON DEALERS, COMMISSION AGENTS & ARHATIS ON
600,001 1,200,000 10,000 10% on amount > Rs. 0.6M Exporters
Inland back-to-back LC by exporter on ISSUANCE/ RENEWAL OF LICENSE-Sec236J, Div XVII Pt IV 1st Sch
1,200,001 2,400,000 70,000 15% on amount > Rs.1.2M may opt for
sale of goods under an arrangement Group/ Class A Rs. 100,000 p.a.
PLUS

2,400,001 3,000,000 250,000 20% on amount > Rs.2.4M prescribed by FBR 1% Minimum
Group/ Class B Rs. 75,000 p.a. Advance
3,000,001 4,000,000 370,000 25% on amount > Rs.3M Export of goods by EPZ units Tax
Group/ Class C Tax
4,000,001 6,000,000 620,000 30% on amount > Rs.4M Regime at Rs. 50,000 p.a.
Payment for a firm contract by direct
exporters reg. under DTRE Rules, the time of Any other category
Above 6,000,000 1,220,000 35% on amount > Rs.6M
2001, to indirect exporters filing of
Tax Rates of Companies PURCHASE OF IMMOVABLE PROPERTY-S236K, Div XVIII Pt IV 1st Sch
Realization of proceeds on account of return
commission to indenting agent 5% On fair market value 1% 2% Adv. Tax
Banking Company 35%
st
CASH WITHDRAWALS FROM BANKS - S 231A, Div VI P IV 1 Sch, CI 28B P II 2 Sch nd
INTERNATIONAL AIR TICKETS -Sec236L, Div XX Pt IV 1st Sch
Public & Private Company 29%
By licensed Exchange companies 0.15% Adv. Tax First/ executive class Rs. 16,000
Small Company Adv. Tax
23% Others, excluding economy Rs. 12,000
Other cases, if total withdrawal from all Advance
accounts is Rs.50k+ in a day N/A 0.6% Economy NIL
Alternate Corporate Tax (On accounting profit) 17% Tax
Tax Rate Nature of COLLECTION OF TAX BY EDUCATIONAL INSTITUTIONS WHERE
Activity/ Nature of Payment TRANSACTIONS IN BANK - Sec231AA, Div VIA Pt IV 1st Sch FEE EXCEEDS RS. 200,000/-Sec236I, Div XVI Pt IV 1st Sch
ATL Non-ATL Tax
All payment transactions exceeding N/A 0.6% Adv. Tax From residents 5% of Fee Advance Tax
IMPORTS - Section 148 & Part II First Schedule Rs. 25K in a day
From non-residents Not Applicable with Conditions
Industrial undertakings importing Advance Tax:
remeltable steel & directly reduced - raw material NON-CASH BANKING TRANSACTIONS-Sec236P, Div XXI Pt IV 1st Sch RENT OR PAYMENT FOR RIGHT TO USE MACHINERY & EQUIPMENT
iron for own use or plant & S 236Q, Div XXIII Pt IV 1st Sch
Machinery Non-cash payment transactions (all types) N/A 0.6% Adv. Tax
Persons importing potassic fertilizers imported by To be collected for industrial,
under ECC's decision ECC- Industrial commercial and scientific equipment & 10% Final Tax
Undertakings
BROKERAGE & COMMISSION - Sec233, Div II Pt IV 1s tSch machinery
155/12/2004 dt. 9 Dec 2004
for own use;
Persons importing urea Advertising commission 10% 20% Note: WHT deduction shall not be applicable in the following cases:
1% 2% - imports by
a. Agricultural machinery; and
Manufacturers (importing items covered large Import
Life Ins Comm. up to Rs. 0.5M p.a. Minimum
8% 16% b. Machinery owned and leased by leasing companies, investment banks,
under SRO 1125(1)/2011 dt . 31 Dec' 2011) Houses; Tax modarabas, scheduled banks or DFIs
- motor vehicles
Persons importing gold in CBU Others 12% 24%
Condition
REMITTANCE ABROAD THROUGH CREDIT, DEBIT OR PREPAID
Persons importing cotton CARDS-Sec236Y, Division XVII Pt IV 1st Sch
imported by TAX ON SALES TO DISTRIBUTORS, DEALERS & WHOLESALERS
Persons importing LNG on behalf of Manufacturers BY MANUFACTURERS & COMMERCIAL IMPORTERS - Gross amount remitted from abroad 1% 2% Adv. Tax
Govt. of Pakistan of motor
Vehicles
Sec236G, Div XIV Pt IV 1st Sch
Persons importing Pulses 2% 4% PROFIT ON DEBT-Section 7B, Div. IIIA Part I 1st Sch - Charging Provision
- Foreign
Industrial undertakings importing produced film
On sale of fertilizers 0.7% 1.4%
Cos: Where yield is up to Rs. 5,000,000
plastic raw material (PCT 39.01 to 39.12) 1.75% for screening
15% 30%
11 %
& viewing
On sale of electronics, sugar, cement, Advance
Commercial importers importing Others: iron & steel products, motorcycles, Where yield is from Rs. 5M to 25M 17.5% 35%
4.5% Purposes
0.1% 0.2% Tax
plastic raw material (PCT 39.01 to 39.12) 12 % Minimum Tax: pesticides, cigarettes, glass, textile, Where yield is from Rs. 25M to 36M 20% 40%
Commercial imports covered under
- Goods sold beverages, paint, batteries or foam
S.R.O. 1125(I)/2011 dt. 31 Dec 2011 3% 6% Same Where yield is above 36M Normal Tax Regime
condition they
Persons importing coal were imported TAX ON SALES TO RETAILERS & WHOLESALERS BY PROFIT ON DEBT-Section 151, Div. IA Part III 1st Sch - WH Provision
- Edible Oil MANUFACTURERS, DISTRIBUTORS, DEALERS, WHOLESALERS
Persons importing finished pharma Where yield is up to Rs. 500,000 10%
4% 8% - Packing & COMMERCIAL IMPORTERS - Sec236H, Div XV Pt IV 1st Sch Minimum
perducts, not manufactured locally as Material Where yield is above Rs. 500,000 15% 30%
certified by the DRAP - plastic raw On sale of electronics 1% 2%
material (PCT
Ship breakers on import of ships 4.5% 9% heading 39.01 On sale of sugar, cement, iron & steel
The Punjab Agricultural Income Tax Act. 1997
Advance
Companies & industrial undertakings to 39.12),
products, motorcycles, pesticides,
5.5% 11% 0.5% 1% Tax Second Schedule Rate of Tax on Total Agricultural Income
not covered above cigarettes, glass, textile, beverages,
material &
Others 6% 12% edible oil paint, batteries or form Description Rate
SUPPLY OF GOODS- S153(1)(a). Div III P III 1st Sch. Cl 24A. 24C P II 2nd Sch Where the total income does not
PROPERTY INCOME/ RENTALS - Sec155, Div V Pt III 1st Sch 0%
exceed Rs. 400,000/-
Sale of rice, cottonseed oil & edible oil 1.5% 3% Advance Where recipient is a company 15% Adv. Tax
Tax for Where the total income
Sale of cigarettes & pharma products
1% 2% Other recipients Advance Tax exceeds Rs. 400,000/- but Rs.
by distributors & Large Import Houses Listed 1000/-
companies Annual Rent (Rs.) does not exceeds Rs. 800,000/-
Sale of sugar, cement & edible oil by
0.25% 0.5%
and
From To
Tax Where the total income
dealers & sub-dealers Companies
exceed Rs. 800,000/- but Rs.
Engaged in Up to 200,000 NIL 2000/-
Sale by Corporate FMCG distributors 2% 4% Manu- does not exceeds Rs. 1,200,000/-
Sale of goods by other (non-corporate) facturing 200,001 600,000 5% of the amount exceeding 200,000 5% of the
2.5% 5% Where the total income
FMCG distributors 600,001 1,000,000 20,000 + 10% of the amount above 0.6M exceed Rs. 1,200,000/- but amount
Minimum exceeding Rs.
Sale of other goods by companies 4% 8% Tax for other 1,000,001 2,000,000 60,000 + 15% of the amount above 1M does not exceeds Rs. 2,400,000/- 1,200,000 /-
Sale of other goods by AOPs & Ind. 4.5% 9% cases.
2,000,001 4,000,000 210,000 + 20% of the amount above 2M Rs. 60,000/-
PAYMENTS FOR SERVICES - S 153(1)(b),153(2), Div III & Div IV P III 1st Sch.
Where the total income plus 10 % of the
4,000,001 6,000,000 610,000 + 25% of the amount above 4M exceed Rs. 2,400,000/- but amount
does not exceeds Rs. 4,800,000/- exceeding
Advertising services (elec. & print media) 1.5% 3% 6,000,001 8,000,000 1,110,000 + 30% of the amount above 6M Rs. 2,400,000 /-
Above 8,000,000 1,710,000 + 35% of the amount above 8M Rs. 300,000/-
Transport, Freight forwarding, Air plus 15 % of
cargo services, Courier, Manpower
Where the total income
the amount
outsourcing, Hotel, Security guard, PRIZES AND WINNINGS - Sec156, Div VI Pt III 1st Sch exceeds Rs. 4,800,000/- exceeding Rs.
Software development, IT and IT On prize bonds & crossword puzzle 15% 30% 4,800,000 /-
enabled services [as defined u/c (133)
Raffle, lottery, winning quiz & prizes on Final Tax
of Part 1 of 2nd Sch.], 20% 40%
sales promotion schemes
Tracking services, Advertising
3% 6%
(other than by print or electronic media),
Minimum PETROLEUM PRODUCTS - Sec156A, Div VIA Pt III 1st Sch
Share registrar services, Engineering Tax
services, car rental, Building Commission/ discount to petrol pump
maintenance, Services of PSX & PMEL, operators on petroleum products 12% 24% Final Tax
Inspection, Certification,
Testing & Training services TELEPHONE USERS - Sec236, Div V Pt IV 1st Sch
Mobile phone bills & prepaid cards 12.5%
AMAR ASSOCIATES
Companies providing other services
AOPs & Ind. providing other services
8% 16%
Advance
AUDITORS & CONSULTANTS
10% 20% Landline bills exceeding Rs. 1,000 10% 411-F, Near MPA Chowk, Shah Rukn-e-Alam Colony
Tax
Stitching, dying, printing, embroidery,
1% 2%
Multan, Pakistan. +92-321-6358878, +92-321-8707087
washing, sizing & weaving for Exporters Postpaid internet & prepaid net cards 12.5% www.amarassociates.pk f
Amar Associates
 TAX RATES FOR THE TAX YEAR 2021
SALARY - Sec 149, Div I Part I 1st Schedule Activity/ Nature of Payment
Tax Rate Nature of
Activity/ Nature of Payment
Tax Rate Nature of
ATL Non-ATL Tax ATL Non-ATL Tax
Taxable Income
Rate of Tax PROPERTY INCOME/ RENTALS - Sec155, Div V Pt III 1st Sch EXECUTION OF CONTRACTS - Sec153(1)(c), Div III Pt III 1st Sch.
From To
Up to 600,000 0% Where recipient is a company 15% Adv. Tax Received by Listed Companies 7% 14% Adv. Tax
600,000 1,200,000 5% on amount exceeding Rs. 600,000 Other recipients Advance Tax Received by Other Companies 7% 14%
1,200,001 1,800,000 30,000 10% on amount > Rs.1.2M Annual Rent (Rs.) Minimum
Received by sportspersons 10% 20%
1,800,001 2,500,000 90,000 15% on amount > Rs.1.8M From To
Tax Tax
2,500,001 3,500,000
Received by others 7.5% 15%
195,000 17.5% on amount > Rs.2.5M Up to 200,000 NIL
3,500,001 5,000,000 370,000 20% on amount > Rs.3.5M TAX ON SALES OF PETROLEUM PRODUCTS - S 236HA,
PLUS

200,001 600,000 5% of the amount exceeding 200,000

5,000,001 8,000,000 670,000 22.5% on amount > Rs.5M Div XVA PIV 1st Sch
600,001 1,000,000 20,000 + 10% of the amount above 0.6M
8,000,001 12,000,000 1,345,000 25% on amount > Rs.8M On supply of petroleum products to a Advance
1,000,001 2,000,000 60,000 + 15% of the amount above 1M petrol pump operator or distributer 0.5% 1%
12,000,001 30,000,000 2,345,000 27.5% on amount > Rs.12M Tax
30,000,001 50,000,000 2,000,001 4,000,000 210,000 + 20% of the amount above 2M
7,295,000 30% on amount > Rs.30M
4,000,001 6,000,000 610,000 + 25% of the amount above 4M
BROKERAGE & COMMISSION - Sec233, Div II Pt IV 1s tSc h
50,000,001 75,000,000 13,295,000 32.5% on amount > Rs.50M
Above 75,000,000 21,420,000 6,000,001 8,000,000 1,110,000 + 30% of the amount above 6M Advertising commission 10% 20%
35% on amount > Rs.75M
Note: 25% Reduction in tax for full time teacher except practicing doctors. Life Ins Comm. up to Rs. 0.5M p.a. Minimum
Above 8,000,000 1,710,000 + 35% of the amount above 8M 8% 16%
Note: Salary rate applicable where salary income exceeds 75% of total taxable income. Tax
TAX RATE FOR AOP & BUSINESS INDIVIDUALS SALE/ TRANSFER OF IMMOVABLE PROPERTY - S 236C. Div X P IV 1st Sch Others 12% 24%

Taxable Income To be collected from Up to 1 Year Minimum Tax

Rate of Tax Seller/ Transferor, 1% 2% PRIZES AND WINNINGS - Sec156, Div VI Pt III 1st Sch
From To Advance
where Holding Period From 1 to 4 Years On prize bonds & crossword puzzle
Up to 400,000 0%
Tax 15% 30%
is:
Above 4 Years Not Applicable Final Tax
400,001 600,000 5% on amount exceeding Rs. 400,000 Raffle, lottery, winning quiz & prizes on
sales promotion schemes 20% 40%
600,001 1,200,000 10,000 10% on amount > Rs. 0.6M PURCHASE OF IMMOVABLE PROPERTY - S 236K. DIV XVIII. P IV 1st Sch
1,200,001 2,400,000 70,000 15% on amount > Rs.1.2M On purchaser or transferee for registering or 1% of FMV 2% of FMV INTERNATIONAL AIR TICKETS -Sec236L, Div XX Pt IV 1st Sch
PLUS

2,400,001 3,000,000 250,000 20% on amount > Rs.2.4M attesting transfer of any immovable property
Advance Tax
First/ executive class Rs. 16,000
3,000,001 4,000,000 370,000 25% on amount > Rs.3M Adv. Tax
CAPITAL GAINS ON DISPOSAL OF IMMOVABLE PROPERTY Others, excluding economy Rs. 12,000
4,000,001 6,000,000 620,000 30% on amount > Rs.4M
RATES - Section 37. DIV VIII. P I 1st Sch Economy NIL
Above 6,000,000 1,220,000 35% on amount > Rs.6M
Where the gain does not exceed Rs. 5 million 2.5 %
Tax Rates of Companies BY EDUCATIONAL INSTITUTIONS WHERE ANNUAL FEE
Where the gain exceeds Rs. 5 million EXCEEDS RS. 200,000/-Sec236I, Div XVI Pt IV 1st Sch
5%
but does not exceed Rs. 10 million
Banking Company 35% From residents 0% 5%
Where the gain exceeds Rs. 10 million
7%
Public & Private Company 29% but does not exceed Rs. 15 million From non-residents Not Applicable with Conditions
Small Company 22% Where the gain exceeds Rs. 15 million 10 % RENT OR PAYMENT FOR RIGHT TO USE MACHINERY & EQUIPMENT
S 236Q, Div XXIII Pt IV 1st Sch
Alternate Corporate Tax (On accounting profit) 17% CALCULATION - Section 37 (3A)
Holding Period Gain Taxability
To be collected for industrial,
IMPORTS - Section 148 & Part II, First Schedule commercial and scientific equipment & 10% Final Tax
Upto 1 Year 100 % machinery
Goods classified as per Twelfth Schedule
Part I 1% Exceeding 1 Year but less than 2 Years 75 % Note: WHT deduction shall not be applicable in the following cases:
a. Agricultural machinery; and
Advance Exceeding 2 Years but less than 3 Years 50 % b. Machinery owned and leased by leasing companies, investment banks,
Part II 2%
Tax modarabas, scheduled banks or DFIs
5.5% Exceeding 3 Years but less than 4 Years 25 %
Part III
On the import value as increased by customs-duty, sales tax and federal excise duty.
REMITTANCE ABROAD THROUGH CREDIT, DEBIT OR PREPAID
EXPORTS - Sec154, Div IV Pt III 1st Sch, CI 47C Pt IV 2nd Sch CARDS-Sec236Y, Division XVII Pt IV 1st Sch
Turn over Tax - Sec113 Div IX, Part I , 1st Schedule Realization of export proceeds
[Exemption to cooking oil or vegetable ghee Gross amount remitted from abroad 1% 2% Adv. Tax
Final Tax
Minimum Tax Rate exported to Afghanistan if tax u/s 148 is paid]
Exporters PROFIT ON DEBT-Section 7B, Div. IIIA Part I 1st Sch - Charging Provision
Individuals & AOPs (having annual turnover Rs. 10 Million Inland back-to-back LC by exporter on
may opt for
1.50% sale of goods under an arrangement Where yield is up to Rs. 5,000,000 15% 30%
or more) and Companies (Except otherwise specified) 1% Minimum
prescribed by FBR
Oil Marketing Companies, Refineries, SSGCL, SNGPL, PIA, Dealer Or Export of goods by EPZ units Tax Where yield is from Rs. 5M to 25M 17.5% 35%
Distributors of Fertilizers, Poultry Industry & Person running an online 0.75%
marketplace as defined in clause (38B) of section 2
Regime at
Payment for a firm contract by direct Where yield is from Rs. 25M to 36M 20% 40%
exporters reg. under DTRE Rules, the time of
Distributors of Pharma, Fast Moving Consumer goods, 2001, to indirect exporters filing of Where yield is above 36M Normal Tax Regime
Cigarettes, Petroleum Agent, Rice Mills & Flour Mills & 0.25%
dealers of sugar, cement, edible oil (if ATL in ST & IT) Realization of proceeds on account of return
commission to indenting agent 5% PROFIT ON DEBT-Section 151, Div. IA Part III 1st Sch - WH Provision
Motorcycles Dealers Registered under Sales Tax Act, 1990 0.30% Where yield is up to Rs. 500,000 10% 20%
CASH WITHDRAWALS FROM BANKS - S 231A, Div VI P IV 1stSch, CI 28B P II 2nd Sch Minimum
Where yield is above Rs. 500,000 15% 30%
Tax Rate Nature of By licensed Exchange companies 0.15% Adv. Tax
Activity/ Nature of Payment
ATL Non-ATL Tax
Other cases, if total withdrawal from all Advance
The Punjab Agricultural Income Tax Act. 1997
accounts is Rs.50k+ in a day N/A 0.6%
SUPPLY OF GOODS- S153(1)(a). Div III P III 1st Sch. Cl 24A. 24C P II 2nd Sch Tax Second Schedule Rate of Tax on Total Agricultural Income
Sale of rice, cottonseed oil & edible oil 1.5% 3% Advance TRANSACTIONS IN BANK - Sec231AA, Div VIA Pt IV 1 Sch
st

Tax for
Description Rate
Sale of cigarettes & pharma products All payment transactions exceeding N/A 0.6% Adv. Tax
by distributors & Large Import Houses 1% 2% Where the total income does not
Listed Rs. 25K in a day
companies exceed Rs. 400,000/- 0%
Sale of sugar, cement & edible oil by and NON-CASH BANKING TRANSACTIONS-Sec236P, Div XXI Pt IV 1st Sch
0.25% 0.5% Where the total income
dealers & sub-dealers Companies
Engaged in Non-cash payment transactions (all types) N/A 0.6% Adv. Tax exceeds Rs. 400,000/- but Rs.
Sale by Corporate FMCG distributors 2% 4% 1000/-
Manu- does not exceeds Rs. 800,000/-
Sale of goods by other (non-corporate) facturing TAX ON SALES TO DISTRIBUTORS, DEALERS & WHOLESALERS
FMCG distributors
2.5% 5% BY MANUFACTURERS & COMMERCIAL IMPORTERS - Where the total income
Minimum Sec236G, Div XIV Pt IV 1st Sch exceed Rs. 800,000/- but Rs.
Sale of other goods by companies 4% 8% Tax for other does not exceeds Rs. 1,200,000/- 2000/-
Sale of other goods by AOPs & Ind. cases. On sale of fertilizers 0.7% 1.4%
4.5% 9%
Toll Manufacturing 4% 8% On sale of electronics, sugar, cement, Advance Where the total income 5% of the
iron & steel products, motorcycles, Tax exceed Rs. 1,200,000/- but amount
PAYMENTS FOR SERVICES - S 153(1)(b),153(2), Div III & Div IV P III 1st Sch. 0.1% 0.2%
pesticides, cigarettes, glass, textile, exceeding Rs.
beverages, paint, batteries or foam does not exceeds Rs. 2,400,000/- 1,200,000 /-
Advertising services (elec. & print media) 1.5% 3%
TAX ON SALES TO RETAILERS & WHOLESALERS BY Rs. 60,000/-
Transport, Freight forwarding, Air cargo
Where the total income plus 10 % of the
MANUFACTURERS, DISTRIBUTORS, DEALERS, WHOLESALERS
services, Courier, Manpower outsourcing, & COMMERCIAL IMPORTERS - Sec236H, Div XV Pt IV 1st Sch
exceed Rs. 2,400,000/- but amount
does not exceeds Rs. 4,800,000/- exceeding
Hotel, Security guard, Software development, Rs. 2,400,000 /-
On sale of electronics 1% 2%
IT and IT enabled services [as defined u/c (133)
Rs. 300,000/-
of Part 1 of 2nd Sch.], Tracking services On sale of sugar, cement, iron & steel Advance plus 15 % of
Advertising,(other than by print or electronic products, motorcycles, pesticides, Tax
Where the total income
0.5% 1% the amount
media), Share registrar services, Engineering cigarettes, glass, textile, beverages, exceeds Rs. 4,800,000/- exceeding Rs.
3% 6% paint, batteries or form 4,800,000 /-
services, car rental, Building maintenance,
Minimum
Services of PSX & PMEL, Inspection,
Tax PETROLEUM PRODUCTS - Sec156A, Div VIA Pt III 1st Sch
Certification, Testing & Training services,
Warehousing Services, Services by AMCs, Commission/ discount to petrol pump
operators on petroleum products 12% 24% Final Tax
Data services provided under license issued
by the PTA, Telecommunication
infrastructure Services.
TELEPHONE USERS - Sec236, Div V Pt IV 1st Sch
Companies providing other services 8% 16% Mobile phone bills & prepaid cards 12.5%
AOPs & Ind. providing other services 10% 20%
Landline bills exceeding Rs. 1,000 10%
Advance
Tax
AMAR ASSOCIATES
Stitching, dying, printing, embroidery,
washing, sizing & weaving for Exporters 1% 2% Postpaid internet & prepaid net cards 12.5%
AUDITORS & CONSULTANTS
411-F, Near MPA Chowk, Shah Rukn-e-Alam Colony
PS: Due care and caution has been taken in extracting this information. Any suggestion, error or mistakes Multan, Pakistan. +92-321-6358878, +92-321-8707087
found in this Document may please be sent to us. For further detail please consult the relevant Law www.amarassociates.pk f
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