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Topic

large industries

Supertax applicable to TY22

Supertax applicable to TY22

Updated 26 Jun, 2022 01:59pm
  • Companies liable to pay supertax would deposit the amount at the time of filing of income tax returns in December 2022
Watch: PM Shehbaz Sharif's entire address on 10% super tax on large industries

Watch: PM Shehbaz Sharif's entire address on 10% super tax on large industries

Updated 24 Jun, 2022 02:53pm
  • We intend to tax high income earners so that the entire nation can reap the benefit through education, health, infrastructure, skills education and IT uplift, he says
  • Tax will be applicable on cement, steel, sugar, oil and gas, fertiliser, LNG, textile, banks, automobile, beverages, chemicals, tobacco and airlines
  • Collection from this tax will be used to alleviate poverty in Pakistan
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