:: Finance Bill has been passed as Act without any change, effective from July 1, 2015
⊙ Non Filers to pay 0.6% Tax on every banking transaction
⊙ Dividend tax rate @12.5% (17.5%)
⊙ Income exceeding Rs.500M to pay Super tax @3%
⊙ Public companies not paying Dividend from current profits, exceeding paid up capital to pay 10% tax on exceeding amount.
⊙ Non Filer to pay @17.5% on profit on debt exceeding Rs.500K
⊙ Non Filer rates in case of Supplies, Services and Contracts
⊙ Electronic n Print Media exemption from withholding withdrawn
⊙ Tax exemptions for;
* Renewable Energy Production Setup
* Halal Meat Industrial Production Setup
* Warehouse, Cold storage for Agri Produce
* Industrial set up in KPK
⊙ Extra Sales Tax @2% for supplies to Non Registered Person