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      Overview

      The Income Tax (Amendment) Ordinance, 2024 [the Ordinance] has been approved by the President of Pakistan and comes into effect immediately resulting in substantial change of tax rate for the banking sector for the Tax Year 2025 onwards.


      A Brief on Income Tax (Amendment) Ordinance, 2024

      A Brief on Income Tax (Amendment) Ordinance, 2024


      Contact us

      Kamran Butt

      Partner - Head of Tax

      KPMG in Pakistan