Income Tax ordinance,1979- PakSearch.com

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Contd. B

CCCC. In the case of every person to whom section 80CC or 80CD applies,-

(a) where the person was entitled to reduction of income tax and of plant and equipment and construction of hydel power project.

Three-fourth of one per cent of such income.

CCCC. (a) In the case of every person to whom section 80CC including supplies of goods to an exporter under a back to back inland letter of credit and the income pertains to exports covered under:

(a) Part I of Eighth Schedule	0.50% of such income.
(b) Part II of Eighth Schedule	0.75% of such income.
(b) For the assessment year commencying on or after the first day of July, 2001 the rates shall be as under
(i) Part-I of Eighth Schedule.	0.75% of Such income.
(ii) Part-II of Eighth Schedule.	1.0% of Such income.
(ii) Part-III of Eighth Schedule.	1.25% of Such income.
CCCCA. In the case of every person to whom section 80CD applies and the income pertains to exports specified in.
(i) Part - I of Eighth Schedule	0.75% of Such income.
(i) Part - II of Eighth Schedule	1% of Such income.
(i) Part - III of Eighth Schedule	1.25% of Such income.

(c) Part III of Eighth Schedule	1% of such income.
CCCCC.. On income from indenting Commission referred to in sub-Section (5A) of section 50.	Ten per cent

D. Rates of income tax for deduction under sub-section (2) section 50,-

(i) Residents.-On the whole of income chargeable under the head 'Interest on securities' (not being interest payable on debentures issued by or on behalf of a local authority or a company).

30% of such income.

(ii) Non-Residents.- On the whole of income chargeable under the head 'Interest on securities' paid to a non-resident-

(a) where such person is a company.	thirty per cent; and
(b) where such person is not a company	the rate applicable to a resident person not being a company.
DD. Rate of income tax for the purposes of deduction under sub-section(2A) of section 50.	Ten per cent of such income.
DDA. Rate of income tax for the purposes of collection of tax under sub-section (2B) of section 50.	0.20 per cent the sum
DDD. Rate of income tax for the purposes of deduction under sub-section (3) of section 50-
(i) in cases of payments on account of royalty.	Fifteen per cent of such payment.
(ii) in any other case.	Thirty percent of the sum chargeable or at the rate applicable to a resident, whichever is the greater.
DDDD. Rate of income tax for purposes of deduction under sub-section (3A) of section 50.	15 Per cent of the sum.

E. Rates for collection of income tax under sub-section (4) of section 50,-

(i) Where the payment is made to a resident assessee,holding a National Tax Number on account of-

(a) execution of contracts, other than the payments to which sub-paragraph (b), (c) or (d) applies;
	(i) Where the value of contract does not exceed thirty million rupees, five per cent of such income.
	(ii) Where the value of contract exceeds thirty million rupees, six per cent of such income.;
(b) [ ] supply of rice, cotton, cotton seed or edible oils;	One and one half per cent of the amount of payment.
(c) [ ] supply of goods other than those referred to in sub- paragraph (b); and	Three and one half per cent of the amount of payment
(d) [ ] services rendered.	Five per cent of the amount of payment.

(ia) Where the payment is made to a resident assessee not holding a National Tax Number, on account of execution of contract other than the payments to which sub clause (b), (c) or (d) of sub-paragraph (i) apply-

(i) where the value of contract does not exceed thirty million rupees.	seven per cent of such income.
(ii) where the value of contract exceeds thirty million rupees.	eight per cent of such income.
(iii) on the income representing payments on account of supplies.	five per cent of such income.";

(ii) Where the payment is made to a non-resident, on account of-

(a)execution of contracts other than those mentioned in sub-clause (b), (c) and (d).
	(i) Where the value of contract does not exceed thirty million rupees, five per cent of such income.
	(ii) Where the value of contract exceeds thirty million rupees, six per cent of such income.;
(b) execution of turn-key contracts	eight per cent of the amount of payment.
(c) execution of contracts or sub-contracts for designing, supply of plant and equipment and construction of power projects other than hydel power projects) and transmission line projects	four per cent of the amount of payment.
(d) execution of contracts or sub-contractors for designing supply of plant and equipment and construction of hydel power project.	five per cent of the amount of payment.
EE. Rate for collection of income tax under sub-section (4A) of section 50.	Ten per cent of the amount of payment.
F. Rate for collection of income tax under sub-section (5) of section 50.	Six percent.

FF. Rate of collection of income tax under sub-section (5A), (5AA) and (5AAB) of section 50, excluding income to which paragraph FFA applies:

	Where the income pertains to supply of goods to an exporter under a back to back inland letter of credit and from exports specified in:	Rates
(i)	Part-I of Eighth Schedule.	0.75% of Such income.
(i)	Part-II of Eighth Schedule.	1% of Such income.
(i)	Part-III of Eighth Schedule.	1.25% of Such income.

FFA. Income from indenting commission referred To in sub-section (5A) of section 50.	Ten per cent
FFB. Rate for collection of income tax under sub-Section (5AAA) of section 50.	Ninety per cent Of such income,";

FFF. Rates for collection of income tax under sub-section (5B) of section 50 at the time of encashment of-

(i) bearer certificates other than Foreign Exchange Bearer Certificates.	2% of the amount
(ii) Foreign Exchange Bearer Certificates.	1% of the amount.

G. Rates for collection of income tax under sub-section (6) of section 50,-
(1) Goods transport vehicles with registered laden weight of-

(a) less than 2030 kilograms;	One thousand two hundred rupees per annum.
(b) 2030 kilograms or more but less than 8120 kilograms;	Seven thousand two hundred rupees per annum.
(c) 8120 kilograms or more but less than 15000 kilograms; …..	Twelve thousand rupees per annum.
(d) 15000 kilograms but less than 30,000 kilograms;.	Eighteen thousand rupees per annum;
(e) 30,000 kilograms or more but less than 45,000 kilograms;	Twenty-four thousand rupees per annum;
(f) 45,000 kilograms or more but less than 60,000 kilograms; and	Thirty-thousand rupees per annum;
(g) 60,000 kilogram or more.	Thirty-six thousand rupees per annum.

Provided that no collection shall be made in respect of goods transport vehicles falling under sub-clause (b) after ten years from the date of first registration of such vehicle with a motor vehicle registration authority in Pakistan.

(2) passenger transport vehicles plying for hire with registered seating capacity of-

(a) four or more persons but less than ten persons;	Twenty five rupees per seat per annum
(b) ten or more persons but less than twenty persons; and	Sixty rupees per seat per annum
(c) twenty persons or more.	One hundred rupees per seat per annum

(3) Other private motor cars with engine capacity exceeding,-

(a) 1000 cc to 1199 cc	Five hundred rupees per annum;
(b) 1200 cc to 1299 cc	Seven hundred fifty rupees per annum;
(c) 1300 cc to 1599 cc	Fifteen hundred rupees per annum;
(d) 1600 cc to 1999 cc	Two thousand rupees per annum;
(e) 2000 cc and above.	Three thousand rupees per annum.

GG. Rate of deduction of income tax under sub-section (6A) of section 50.

Ten per cent of such Amount.

GGG. Rates of withholding of income tax under sub-section (7) of section 50,-

(a) Where the company which issued bonus shares or the bonus is a public company	10 percent of such amount.
(b) In other cases.	15 percent of such amount.
H. Rates of collection of income tax under sub-section (7A) of section 50,-
(i) Sale of property consisting of lease of right to collect octroi duties, tolls fee or other levies, by whatever name called.	Five percent of the sale price.
(ii) In other cases.	Three percent of the sale price.
HH. Rate for collection of income tax under sub-section (7B) of section 50.	Seven and one half per cent of such amount.

HHH. [Omitted]

HHHH. Rate of deduction or collection of income tax under sub-section (7C) of section 50.	Ten per cent of such amount.
J. Rate of deduction of income tax under sub-section (7D) of section 50.	Ten per cent of such amount.

K. Rate of collection of income tax under sub-section (7E) of section 50,-

"(a) in the case commercial consumer if the electricity bill

(i)does not exceed Rs.400	Rs.60
(ii) exceeds Rs.400 but does not exceed Rs.600	Rs.80
(iii) exceeds Rs.600 but does not exceed Rs.800	Rs. 100
(iv) exceeds Rs.800 but does not exceed Rs.1000	Rs. 160
(v) exceeds Rs.1000 but does not exceed Rs.1500	Rs. 300
(vi) exceeds Rs.1500 but does not exceed Rs.3000	Rs. 450
(vii) exceeds Rs.3000 but does not exceed Rs.4500	Rs. 600
(viii) exceeds Rs.4500 but does not exceed Rs.6000	Rs. 750
(ix) exceeds Rs.6000.	Rs. 1000;

(b) in the case of an industrial consumer if the electricity bill- ·

(i) does not exceed Rs. 500;	Rs. 30
(ii) exceeds Rs. 500 but does not exceed Rs. 750;	Rs. 40
(iii) exceeds Rs. 750 but does not exceed Rs. 1000;	Rs. 50
(iv) exceeds Rs. 1000 but does not exceed Rs. 1500;	Rs. 80
(v) exceeds Rs. 500 but does not exceed Rs. 2000;	Rs. 120
(vi) exceeds Rs. 2000 but does not exceed Rs. 3000;	Rs. 180
(vii) exceeds Rs. 3000 but does not exceed Rs, 4000;	Rs. 240
(viii)exceeds Rs. 4000 but does not exceed Rs. 5000;	Rs. 300
(ix) exceeds Rs. 5000.	Rs. 360

L. Rates of collection of income tax under sub-section (7F) of section 50---
(a) In the case of telephone subscriber where the monthly bill ---
(i) exceeds Rs. 1000 but does not exceed Rs. 2000.	Fifty rupees.
(ii) exceeds Rs. 2000 but does not exceed Rs. 3000.	One hundred rupees.
(iii) exceeds Rs. 3000 but does not exceed Rs. 5000.	Two hundred rupees.
(iv) exceeds Rs. 5000.	Three hundred rupees.
(b) In the case of mobile telephone subscribers if the monthly bill or the issue or sale price of prepaid telephone card.
(i) does not exceed Rs. 2000.	One hundred twenty-five rupees;
(ii) exceeds Rs. 2000 but does not exceed Rs. 5000.	Two hundred fifty rupees;
(iii) exceeds Rs. 5000.	Four hundred rupees.

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