Income Tax Ordinance 2001

3rd Division of the First Schedule of the Income Tax Ordinance 2001 deals with the Tax Rate on Dividends Tax Rate on Profit on Debts Tax Rate on Return on Investment in Sukuks received from a special purpose vehicle Rates of Dividend Tax (Section 5, First Schedule, Division-III, Part 1) Received from IPPs 7.5% Received from Mutual Funds & Others 15% Received from Companies 25%   Rate of Tax on Profit on Debt (Section 7B, First Schedule, Division-IIIA, Part 1) Imposed under section 7B 15%   Rate of Tax on Return on Investment in Sukuks received from special purpose vehicle (Section 5AA, First Schedule, Division-IIIB, Part 1) In case of a Company 25% In case of an individual or AOP when profit is more than 1 Million 12.5% In case of an individual or AOP...