PAKISTAN: New taxes are being imposed on Sukuk investments with Pakistan’s Finance Bill 2024. For retail investors, including associations, a 10% rate applies for returns below PKR1 million (US$3,581) – rising to 12.5% above this threshold. For companies and other corporate entities, a flat 25% tax rate applies.
Restricted Access
Login to continue reading (existing subscriber)
Subscribe NOW and get:
- Gain unlimited access through all key operating platforms
- Full access to all listed Islamic funds & fund profiles
- Unlimited access to all Islamic fund managers
- Access to all exclusive articles, reports, podcasts & videos
- Complimentary access to all IFN Investor Forums
