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what is turn over tax? - Printable Version

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what is turn over tax? - awtunio - 08-23-2011

dear all
i want to that what is turnover tax and how much percentage of it and on which class of business the turnover tax is applicable?
regards
abdul waheed


- student_of_law - 09-06-2011

I guess, with respect to income tax, the term "turnover tax" would have been used in connection with the tax imposed by Ss.113, 113A & 113B. You may read these sections to find out the rates and turnover limits.