Income from investment in sukuk

Income from investment in sukuk

Income from investment in sukuk: Currently, law is unclear about the nature of tax regime applicable to income arising from money invested in SUKUK as mentioned in section 5AA. Now the Finance Bill seeks to make a technical correction by including the said income in purview of section 8 of Income tax ordinance, 2001. Now, the said income shall be covered under Final Tax Regime.

For more information on FBR’s new regulations / circulars/ SROs/ amendments in taxation laws in Pakistan please visit https://www.fbr.gov.pk/

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