06-22-2009, 08:34 PM
Dear,
You have jumbled Two different clauses in one, Please note the following verbatim clauses ,
Quoted
⢠In order to raise funds for the rehabilitation of internally displaced persons (IDPs) of Swat, Dir & Bunir it is proposed to charge 5% tax on <b>tax payable </b> by individuals and AOPs whose taxable income exceeds one million rupees.
⢠In order to support IDPs in their habilitation a new tax is being proposed to be charged on bonus income of corporate executives @ 30% of the bonus. This is a one time levy and payable for tax year <b>2009 </b> only.
Unquoted
These clauses have been proposed to be amended, since the Tax Year should have been 2010 and it has been mentioned as 2009 aforementioned.
Let it be rectified or any explaination with regards to these clauses be presented.
Best Regards,
You have jumbled Two different clauses in one, Please note the following verbatim clauses ,
Quoted
⢠In order to raise funds for the rehabilitation of internally displaced persons (IDPs) of Swat, Dir & Bunir it is proposed to charge 5% tax on <b>tax payable </b> by individuals and AOPs whose taxable income exceeds one million rupees.
⢠In order to support IDPs in their habilitation a new tax is being proposed to be charged on bonus income of corporate executives @ 30% of the bonus. This is a one time levy and payable for tax year <b>2009 </b> only.
Unquoted
These clauses have been proposed to be amended, since the Tax Year should have been 2010 and it has been mentioned as 2009 aforementioned.
Let it be rectified or any explaination with regards to these clauses be presented.
Best Regards,
