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Super Tax

Finance Act, 2022: Comments
Opinion

Finance Act, 2022: Comments

  1. General: This note contains the comments on the Finance Act, 2022 as passed by the National Assembly. These are...
Updated 02 Jul, 2022 12:33pm
Watch: PM Shehbaz Sharif's entire address on 10% super tax on large industries
Pakistan

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

  • 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
Updated 24 Jun, 2022 02:53pm