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S.R.Os / Notifications

SRO Number: 902(I)/2012
SRO Date: July 20,2012
SRO Relates To: SROs>> Income Tax
SRO Title: Special provisions relating to Capital Gain
Brief Description:

Special provisions relating to Capital Gain arising from the disposal of securities of listed companies and tax thereon have been introduced through insertion of section 100B and a new Eighth Schedule through Presidential Ordinance dated April 24, 2012. It also stipulates that the rules for computing capital gain tax have been laid down in the eight Schedules. Draft amendment for the rules have been vetted by the Law Division and are to be sent to Printing Corporation of Pakistan (copies enclosed).