Lahore 23°C
Karachi 28°C
Dividends
Dividends. — Every person paying a dividend shall deduct tax from the gross amount of the dividend paid or collect tax from the amount of dividend in specie at the rate specified in Division I of Part III of the First Schedule.
Amendment history (11)
- The words “resident company” substituted by the Finance Act, 2009.
- Inserted by the Finance Act, 2021.
- Section 150A omitted by the Finance Act, 2021. The omitted section
- Clause (a) substituted by the Finance Act, 2003. The substituted clause (a)
- The word “and” substituted by the Finance Act, 2003.
- The word “or” omitted by the Finance Act, 2002.
- Clause (c) substituted by the Finance Act, 2002. The substituted clause (c)
- The words “local authority” substituted by the Finance Act, 2008.
- The commas and words “, other than a financial institution,” omitted by the Finance Act, 2003.
- Inserted by the Finance Act, 2003.
- Added by the Finance Act, 2002.
Amendment notes captured from the source page(s); they may include changes to neighbouring provisions.
Source FBR PDF page 316
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.