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Budget Proposals

SECP Income Tax Proposals for Finance Bill 2011

SECP Income Tax Proposals for Finance Bill 2011

TEXT: 1. Corporate Income Tax rate should be reduced for Companies and listed companies. EXISTING PROVISION Schedule I, Part I, of Income Tax Ordinance, 2001 Division IB The rate of tax imposed on the ... Read more

ICAP proposal for Federal Budget 2011-12

ICAP proposal for Federal Budget 2011-12

TEXT: The following Proposals for the Federal Budget 2011-12 have been prepared by Taxation Committee of Institute of Chartered Accountants of Pakistan (ICAP) for the consideration of legislators, and policy-makers at Ministry of Finance and FBR: DIRECT TAXES 1 TAX POLICY 1.1 RATE OF CORP... Read more


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