Withholding tax on Insurance Premium

[Farhan2009]

Dear Frndz
I know, we do not deduct withholding tax on payments of Insurance Premium but i want to know the reference for non deduction of tax.

[shahidmobeen]

<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by Farhan2009</i>
<br />Dear Frndz
I know, we do not deduct withholding tax on payments of Insurance Premium but i want to know the reference for non deduction of tax.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

[shahidmobeen]

<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by shahidmobeen</i>
<br /><blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by Farhan2009</i>
<br />Dear Frndz
I know, we do not deduct withholding tax on payments of Insurance Premium but i want to know the reference for non deduction of tax.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

Please refer to circular No.1(25)IT-I/80 dated october 1, 1980.
the circular clearly exempt the insurance premium from withholding tax.

[Farhan2009]

Dear Shahid,
I cant find this circular ay FBR Website, please check again and tell the exact reference.
Regards
Farhan

[zara khan]

anyone provide excel sheet of Income tax calculation 2009-10 employee can avail 10% medical exemption while calculating the tax.if organization does not provide medical.

[Shafiq]

Inform your email to send salary tax calc.



<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by zara khan</i>
<br />anyone provide excel sheet of Income tax calculation 2009-10 employee can avail 10% medical exemption while calculating the tax.if organization does not provide medical.

<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">