2 of 132023-06-30

Acts (general), as published 30 June 2023

This is the Acts (general) as it stood on 30 June 2023. It runs to 6 pages and contains 3 sections, with 0 amendment footnotes.

What this document is

Published by the Federal Board of Revenue as part of the Acts (general) collection. A consolidation of this kind folds every amendment made up to its cover date into the text, so it shows the law as it stood on 30 June 2023 rather than as originally enacted.

The date above was taken from the file name rather than a consolidation statement on the cover, so treat it as approximate.

The shape of this version

The operative text holds roughly 1,024 words across 3 sections.

What changed since the previous version

Against the version published 30 June 2021, this one has 1 new section and 7 that no longer appear.

New in this version

section 3, Amendments of Income Tax Ordinance, 2001 (XLIX of 2001)

No longer present

These appeared in the previous version and not in this one. That usually means omission by a later law, though it can also mean a heading was formatted in a way the extraction did not recognise.

section 2, Definitions
section 7, Grants, funds, budget and accounts of the Governing Council
section 8, Sources of funding
section 9, Application of the Pakistan single window and its allied systems
section 10, Access to the Pakistan single window and its allied systems, maintenance of record etc
section 13, Offences and punishments
section 15, Provision of services, sale of software and IT systems etc

The source file


File name	`2023515155193349TaxLawAmendmentsAct2023.pdf`
Pages	6
Size	1.43 MB
Text extraction	markitdown
Extraction confidence	high
Position in this collection	12 of 13

SHA-256 of the source PDF:

1e50bd2aa181a014f388efe7623fc331aaea79ef2f90d0a45d1bd71d3880fbee

Checking that value against the file you download confirms it is the same document these figures came from.

A note on these figures

Counts here are produced by software reading the PDF, not compiled by hand. The same method is applied to every document, which makes comparisons between versions meaningful, but a section with unusual formatting can be missed. Treat them as close measurements and the official document as the authority.

This is information, not legal or tax advice. Qanoon Digest is independent and not affiliated with the Federal Board of Revenue or the Government of Pakistan.

The full text of this version

All 3 sections as they appear in this document, reproduced from the source PDF. Amendment footnotes follow at the end.

3. Amendments of Income Tax Ordinance, 2001 (XLIX of 2001)

In the

Income Tax Ordinance, 2001 (XLIX of 2001), the following further amendments shall be

made, namely: -

(1) for section 99A, the following shall be substituted and shall be deemed to have been

so substituted from the Pt day of July, 2022, namely:-

“99A. Special provisions relating to payment of tax through electricity

connections. (1) Notwithstanding anything contained in the Ordinance, a tax shall be

charged and collected from retailers other than Tier-I retailers as defined in the Sales

Tax Act, 1990 (VII of 1990) and specified service providers on commercial electricity

connections at the rates specified in the income tax general order issued in terms of

sub-section (2).

(2) For the purposes of this section, the Federal Government or the Board with the

approval of the Minister in-charge pursuant to the approval of the Economic

Coordination Committee of the Cabinet may, issue an income tax general order to-

provide the scope, time, payment, recovery, penalty, default surcharge,

adjustment or refund of tax payable under this section in such manner

and with such conditions as may be specified;

provide the collection of tax on the amount of bill or on any basis of

consumption, in addition to or in lieu of advance tax collectible under

sub-section (1) of section 235, at such rates or amounts, from such date

and with such conditions as may be specified;

provide record keeping, filing of return, statement and assessment in

such manner and with such conditions as may be specified;

provide mechanism of collection, deduction and payment of tax in

respect of any person;

include or exempt any person or classes of persons, any income or

classes of income from the application of this section, in such manner

and with such conditions as may be specified; and

provide that tax collected under this section shall in respect of such

persons or classes of persons be adjustable, final or minimum, in

respect of any income to such extent and with such conditions as may

be specified.

The provisions of sub-section (1) of section 235 shall apply to the

persons as specified therein unless specifically exempted under the income tax

general order issued under sub-section (2).

The provisions of section 100BA and rule 1 of the Tenth Schedule shall

not apply to the tax collectible under this section unless specifically provided in

respect of the person or class of persons mentioned in the income tax general

order issued under sub-section (2).“;

in section 235, the sub-section (1A) shall be omitted and deemed to have been so

omitted from the Pt day of July, 2022;

in the First Schedule, in Part IV, -

(a) in Division III, in clause (2), for the Table, the following shall be

substituted, namely: -

“S.No

Capacity

Rs. per seat per annum

Non Conditioned

Air

Air Conditioned

(1) 1.

(2) (3)

4 or more persons but less than 10 persons

10 or more persons but less than 20 persons
20 persons or more

1000

1500“; and

(b) in Division IV, clause (3) shall be omitted;

(4) in the Second Schedule, in Part I, -

after omitted clause (5), the following new clause shall be inserted and

deemed to have been so inserted from the 1st day of July, 2022, namely: -

“(5A) Any allowance or perquisite paid or allowed as such outside Pakistan

by the Government to a citizen of Pakistan for rendering service outside

Pakistan.“; and

after clause (105B), the following new clause shall be inserted, namely: -

“(105C) Any income derived by Kuwait Foreign Trading Contracting and

Investment Company or Kuwait Investment Authority being dividend of

the Pak-Kuwait Investment Company in Pakistan from the year of

incorporation of Pak-Kuwait Investment Company.“; and

(5) in the Tenth Schedule, in Rule 10, after the omitted clause (h), the following new

clause shall be inserted, namely: -

“(ha) tax collected under section 234 during the period starting from the date of

commencement of the Tax Laws (Second Amendment) Ordinance, 2022 and

ending on the 30

day of June, 2023 in respect of goods transport and passenger

transport vehicle.“.

4. Amendments of the Federal Excise Act, 2005

In the Federal Excise Act,

2005, in the First Schedule, in Table-1, in column (1), the following further amendments shall

be made, namely: -

(a) against serial number 7, in column (4), for the word “Ten rupee”, the words

“Three hundred and ninety rupees” shall be substituted;

against serial number 9, for the entry in column (4), the following shall be

substituted, namely:-

“Rupees six thousand five hundred commencing on the 22’d day of August,

2022 till the 13

day of February, 2023 and Rupees sixteen thousand five

hundred from the 14th day of February, 2023.“; and

against serial number 10, for the entry in column (4), the following shall be

substituted, namely:-

“Rupees two thousand and fifty commencing on the 22’d day of August,

2022 till the 13th day of February, 2023 and Rupees five thousand and fifty

from the 14th day of February, 2021“.

5. Amendment of section 8 of the Finance Act, 2022

In the Finance Act, 2022, in

section 8, the following further amendments shall be made, namely:-

(a) in sub-section (13), after clause (c), the following new clause shall be inserted,

namely: -

“(ca) “motor vehicle held in Pakistan” includes car, caravan automobiles, jeep,

limousine, pickup, sports utility vehicle, trucks, vans, wagon and any other

automobile excluding-

a motor vehicle used for public transportation, carriage of goods and

agriculture machinery; and

any motor vehicle held in Pakistan by a foreign diplomat or a foreign

diplomatic mission.“; and

(b) in the First Schedule, for the expression “(See section 1)”, the expression “[See

sub-section (1)1“ shall be substituted.

TAHIR HUSSAIN Secretary