Tax Credit for Persons Employing Fresh Graduates Section 64c
Tax Credit for Persons Employing Fresh Graduates Section 64c: Section 64C has been omitted which was read as “A person employing freshly qualified graduates from a university or institution recognized by Higher Education Commission shall be entitled to a tax credit in respect of the amount of annual salary paid to the freshly qualified graduates for a tax year in which such graduates are employed”.
Now no Tax Credit is available to persons employing fresh graduates.
Read more blogs here and to contact FBR click here.