Tax credit on enlistment (Section 65C);

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This blog is in continuation to the series "Curtailing the Tax Liability (Part II) - Tax Credits".


Disclaimer: This blog will be updated over the period of time with practical examples, sample letters and relevant case laws and due to the volatility of tax statutes it is subject to unprecedented changes as and when required.



Tax credit on enlistment (Section 65C);



Where a taxpayer being a company opts for enlistment in any registered stock exchange in Pakistan, a tax credit equal to 20% of the tax payable shall be allowed for the tax year in which the said company is enlisted and for the following 3 tax years.


Provided that the tax credit for the last two years shall be 10% of the tax payable.


NOTE: In addition to above please click here to read Miscellaneous Provision of Tax Credit (Section 65);




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