A super tax for rehabilitation of temporary displaced persons was introduced in Pakistan through the Finance Act, 2015, as part of Section 4B of the Income Tax Ordinance, 2001. This tax aims to support the rehabilitation of individuals who were temporarily displaced due to various reasons. The super tax is a one-time levy imposed on individuals who meet specific income criteria.
To understand more about the super tax and its implications, let’s break down the key points:
Key Points
– Eligibility: The super tax applies to individuals who meet specific income criteria.
– Tax Rate: The tax rate for super tax is not explicitly mentioned, but it’s a one-time levy.
– Purpose: The primary objective of the super tax is to support the rehabilitation of temporarily displaced persons.
– Relevant Section: Section 4B of the Income Tax Ordinance, 2001, governs the super tax.
For more information on the super tax, I recommend consulting the official website of the Federal Board of Revenue (FBR) or seeking guidance from a tax professional.