Amendment Second Schedule Said Ordinance, (1) In Part I, Clauses (72), (73) And (160) Omitted; And (
SRO 1012(I)/99Exemptions and concessions
SRO 1012(I)/99 is an Income Tax SRO dated 3 September 1999, listed by FBR as "Amendment Second Schedule Said Ordinance, (1) In Part I, Clauses (72), (73) And (160) Omitted; And (".
The text below was extracted automatically from the text layer of the official PDF. Line breaks and table layout may differ from the original, and where FBR scanned the paper and added a machine-read text layer, that layer can contain misread characters. Check the official PDF before relying on any wording or figure.
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GOVERNMENT OF PAKISTAN
MINISTRY OF FINANCE, ECONOMIC AFFAIRS,
STATISTICS AND REVENUE,
REVENUE DIVISION
CENTRAL BOARD OF REVENUE
***
Islamabad, September 03, 1999.
NOTIFICATION
(Income Tax)
S.R.O. 1012(I)/99.- In exercise of the powers conferred by sub-section (2) of
section 14 of the Income Tax Ordinance, 1979 (XXXI of 1979), 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.-
(1) in Part I, clauses (72), (73) and (160) shall be omitted; and
(2) in Part II, after clause (5), the following new clause shall be inserted,
namely:-
“(5A) In case of any person, being a resident, the tax from profit
or interest on any National Savings Scheme, shall be
deducted at the rate of ten per cent of such profit or
interest.”.
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[C.No.1(14) E&IC/96 Pt.]
(ASAD ARIF)
ADDITIONAL SECRETARY/MEMBER (DIRECT TAXES)
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