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/