Lahore 24°C
Karachi 29°C
Islamabad 20°C
Special provisions relating to small and medium enterprises
(1) For tax year 2021 and onwards, the tax payable by a small and medium enterprise as defined in clause (59A) of section 2 shall be computed and paid in accordance with rules made under the Fourteenth Schedule.
(2) The Board may prescribe a simplified return for a small and medium enterprise.
(i)
(ii)
(iii)
(iv)
(v)
(vi) INTERNATIONAL PART I GEOGRAPHICAL SOURCE OF INCOME
(2) The Board may prescribe a simplified return for a small and medium enterprise.
(i)
(ii)
(iii)
(iv)
(v)
(vi) INTERNATIONAL PART I GEOGRAPHICAL SOURCE OF INCOME
Amendment history (3)
- Section 100E inserted by the Finance Act, 2021.
- The words “local authority” substituted by the Finance Act, 2008.
- The word “or” omitted by the Finance Act, 2003.
Amendment notes captured from the source page(s); they may include changes to neighbouring provisions.
Source FBR PDF page 187
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.