Income Tax Ordinance, 2001

CHAPTER-III

TAX ON TAXABLE INCOME PART VII EXEMPTIONS AND TAX CONCESSIONS

From: 2023-07-01 - To: 0000-00-00 1[60A. Workers’ Welfare Fund.- A person shall be entitled to a deductible allowance for the amount of any Workers’ Welfare Fund paid by the person in tax year under Workers’ Welfare Fund Ordinance, 1971 (XXXVI of 1971) 2[or under any law relating to the Workers’ Welfare Fund enacted by Provinces after the eighteenth Constitutional Amendment Act, 2010 3[:]] 3[Provided that this section shall not apply in respect of any amount of Workers’ Welfare Fund paid to the Provinces by a trans-provincial establishment.] ________________________________________________________ 1-Added vide the Finance Act, 2003 (I of 2003 assented on 16th June, 2003) 2-The expression substituted by Finance Act, 2021, dated 30-06-2021 3-For the full stop and thereafter Proviso substituted by Finance Act, 2021, dated 30-06-2021 From: 2001-09-13 - To: 2023-06-30 1[60A. Workers’ Welfare Fund.- A person shall be…