Electronic Tax Return and Wealth statement

0 Vote(s) - 0 Average

Electronic Tax Return and Wealth statement

LapTop
Offline

Posting Freak

Posts: 926
Threads: 15
Joined: Feb 2009

#2

08-06-2009, 01:35 AM

<b>TAXATION OF BONUS PAID TO CORPORATE EMPLOYEES.
[Section 12 â First Schedule] </b>

A proviso has been inserted in Clause (a) of sub-section (2) of section 20 whereby any bonus paid or payable to a corporate employee receiving salary income of Rs. One million or more (excluding bonus) shall be chargeable to tax at the rate of 30%. This is a one time levy and payable for the tax year 2010 only, so as to support the internally Displaced People (IDPs) for their rehabilitation.

« Next Oldest | Next Newest »

Users browsing this thread: 1 Guest(s)

Messages In This Thread

Electronic Tax Return and Wealth statement - by Zaheer Ahmed - 08-04-2009, 04:28 PM

[No subject] - by LapTop - 08-06-2009, 01:35 AM

[No subject] - by arcane1 - 08-27-2009, 01:24 PM

[No subject] - by awaisaftab - 08-27-2009, 01:50 PM

[No subject] - by faisal_desperado - 08-27-2009, 02:46 PM

[No subject] - by faisal_desperado - 08-27-2009, 02:53 PM

[No subject] - by faisal_desperado - 08-27-2009, 02:59 PM

[No subject] - by mujtabahs - 05-27-2010, 08:17 PM

[No subject] - by whiz - 07-20-2010, 04:36 AM

[No subject] - by waqasriaz - 07-20-2010, 09:09 PM

[No subject] - by tas - 09-24-2010, 03:21 PM

[No subject] - by faisal_desperado - 09-24-2010, 06:02 PM

[No subject] - by tas - 09-25-2010, 12:43 AM

[No subject] - by Ammar - 09-25-2010, 01:01 AM

[No subject] - by tas - 09-25-2010, 01:05 AM

[No subject] - by tas - 09-25-2010, 01:18 AM

[No subject] - by mshahbazakhtar - 10-13-2010, 01:53 PM

[No subject] - by faisal_desperado - 10-13-2010, 07:07 PM