Tax exemption in respect of International Sukuk Issuance under the Government of Pakistan Trust Certificate Issuance Program
SRO 1458(I)/2021Exemptions and concessions
SRO 1458(I)/2021 is an Income Tax SRO dated 11 November 2021, listed by FBR as "Tax exemption in respect of International Sukuk Issuance under the Government of Pakistan Trust Certificate Issuance Program".
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F Government of Pakistan
Revenue Division
Federal Board of Revenue
Inland Revenue
* ** *
Islamabad, the 11th November, 2021.
Notification
(Income Tax)
S.R.O. 1458(I)/2021.- In exercise of the powers conferred by clause (75) of
Part I of the Second Schedule to the Income Tax Ordinance, 2001 (XLIX of 2001),
the Federal Government as per its decision in Case No. 1028/35/2021, dated the
27th October, 2021, is pleased to approve exemption for the purposes of said clause
in respect of any profit on debt and capital gains derived by any agency of foreign
government or any non-resident person from International Sukuk Certificates,
including tap issues, issued or to be issued from time to time by the Pakistan
Global Sukuk Programme Company Limited under its Trust Certificate Issuance
Programme.
[F.No.4 (157)IT-Budget/2020]
ureshi)
Additi ecretary
Related Income Tax SROs on exemptions and concessions
- SRO 1457(I)/202111 November 2021Tax exemption in respect of International Sukuk Issuance under the Government of Pakistan Trust Certificate Issuance Program
- SRO 1407(I)/202129 October 2021Exemptions on import of drones donated by Ministry of Agriculture and Rural Affairs (MARA), China to Pakistan through Sea Route
- SRO 1008(I)/20219 August 2021Amendment in clause (12B), Part IV of the Second Schedule of the Income Tax Ordinance, 2001
- SRO 589(I)/202125 May 2021Amendment in Second Schedule of Income Tax Ordinance, 2001
- SRO 453(I)/20217 April 2021Exemption from income tax under clause (75) of Part-1 of the Second Schedule to Income Tax Ordinance, 2001
- SRO 235(I)/202123 February 2021Exemption of taxes on import of raw & white sugar