Exemption from Income Tax to the PM Flood Relief Fund 2022
SRO 1590(I)/2022Exemptions and concessions
SRO 1590(I)/2022 is an Income Tax SRO dated 23 August 2022, listed by FBR as "Exemption from Income Tax to the PM Flood Relief Fund 2022".
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
Revenue Division
Federal Board of Revenue
***
Islamabad, the 23'd August, 2022.
Notification
(Income Tax)
S.R.O. 1590(I)12022.- In exercise of the powers conferred by sub-section (2)
of section 53 of the Income Tax Ordinance, 2001 ()GIX of 2001), the Federal
Govemment is pleased to direct that the following further amendments shall be
made in the Second Schedule to the said Ordinance, namely: -
In the aforesaid Schedule,-
(a) in Part I, in clause (66), in sub-clause (1), in Table l, in column (l),
after S. No (lxii), the following new S. No. and entries relating thereto
in column (2) shall be added, namely:-
"(lxiii) The Prime Minister's Flood Relief Fund,,2022 with effect
on and from the 5th August,2022.'.
(b) in Part IV,-
(D in clause (11A), after sub-clause (xlv), the following new sub-
clause shall be added, namely:-
"(xlvi) The Prime Minister's Flood Relief Fund, 2022 with
effect on and from the 5th August,2022"; and
(ii) after clause (120), the following new clauses shall be added,
namely: -
"(121) The provisions of section 151 shall not apply to the
Prime Minister's Flood Relief Fund, 2022 with effect on and
from the 5th August, 2022.
(122) The provisions of section 236 shall not apply on the
amount donated through SMS to the Prime Minister's Flood
Relief Fund, 2022 with effect on and from the 5n August,
2022.".
I (56)Secv(ITP)/2022][F.No.
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Ad rtlona tary
Related Income Tax SROs on exemptions and concessions
- SRO 72(I)/202325 January 2023Exemption of Income Tax on Goods for Relief Operations for Flood Affectees
- SRO 2200(I)/202212 December 2022Exemption from Capital Value Tax under Sub-Section (12) of Section 8 to the Finance Act, 2022
- SRO 1639(I)/202231 August 2022Exemption of Income Tax on on Import of Tomatoes and Onions
- SRO 1634(I)/202230 August 2022Exemption of Income Tax on Goods for Relief Operation for Flood Affectees
- SRO 1458(I)/202111 November 2021Tax exemption in respect of International Sukuk Issuance under the Government of Pakistan Trust Certificate Issuance Program
- SRO 1457(I)/202111 November 2021Tax exemption in respect of International Sukuk Issuance under the Government of Pakistan Trust Certificate Issuance Program