Income Tax Ordinance, 2001

Chapter- II

CHARGE OF TAX

4 [(4AB) Subject to this Ordinance, a surcharge shall be payable by every individual and association of persons at the rate of ten percent of the income tax imposed under Division I of Part I of the First Schedule where the taxable income exceeds rupees ten million.1―Provided that in case of an individual deriving income chargeable under the head ―Salary‖, a surcharge shall be payable at…