Payable income tax: 15 percent surcharge applicable on all

The Federal Board of Revenue (FBR) has said that imposition of 15 percent surcharge on the amount of payable income tax for the period from March 15, 2011 to June 30, 2011 is applicable on all income tax payers, whether individual, association of persons (AOPs), or companies. An official statement released on Saturday says.
"In order to remove any misconception, the government wishes to clarify that the imposition of 15 percent surcharge on the amount of payable income tax for the period 15th March, 2011 to 30th June, 2011 is applicable on all income tax payers whether individual, Association of Persons (AOPs), or Companies. It is an across-the-board surcharge, levied without exception or discrimination, on all categories of income tax payers. As such, the promulgated law does not envisage any exemption or special treatment to any category of taxpayers."-PR