Lahore 22°C
Tax on return on investments in Sukuks
(1) Subject to this Ordinance, a tax shall be imposed, at the rate specified in Division IIIB of Part I of the First
(a)
(b) Schedule, on every person who receives a return on investment in sukuks from a special purpose vehicle , or a company .
(2) The tax imposed under sub-section (1) on a person who receives a return on investment in sukuks shall be computed by applying the relevant rate of tax to the gross amount of the return on investment in sukuks.
(3) This section shall not apply to a return on investment in sukuks that is exempt from tax under this Ordinance.
(a)
(b) Schedule, on every person who receives a return on investment in sukuks from a special purpose vehicle , or a company .
(2) The tax imposed under sub-section (1) on a person who receives a return on investment in sukuks shall be computed by applying the relevant rate of tax to the gross amount of the return on investment in sukuks.
(3) This section shall not apply to a return on investment in sukuks that is exempt from tax under this Ordinance.
Amendment history (8)
- section 5A substituted by the Finance Act, 2017. The substituted section
- The word “seven and half” substituted by the Finance Act, 2018
- The word “forty” substituted by the Finance Act, 2018
- The word “or bonus shares” omitted by the Finance Act, 2018
- Inserted by the Finance Act, 2017
- Inserted by the Finance Act, 2018
- The expression inserted by the Finance Act, 2022.
- services” substituted by the Finance Act, 2022.
Amendment notes captured from the source page(s); they may include changes to neighbouring provisions.
Source FBR PDF page 37
Unofficial reference, compiled from the FBR’s consolidated Income Tax Ordinance 2001 (amended up to 30 June 2026). Provided for general information only — not an official FBR publication and not legal or tax advice. Always verify against the official FBR text before relying on it for filing or any decision.