Super tax illegal, declares IHC

ISLAMABAD: The Islamabad High Court on Thursday declared the imposition of super tax on various companies as against the law and terminated all notices in this regard.

Justice Ijaz Ishaq Khan announced the verdict on a petition moved by various private companies and institutions against the imposition of super tax. The court declared Section 4c of the Income Tax Ordinance as illegal.

Petitioners’ lawyers Salman Akram Raja, Adnan Haider Randhawa Advocate and others appeared before the court.

Published in Dawn, July 21st, 2023

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Our readers are at the heart of everything we do.
Do you have a thought to share or a way we can improve? We’d love to hear it. Reach out to us at feedback@dawn.com.

Business

PSX gains over 2,800 points during intraday trade after US, Iran reach preliminary agreement

Oil prices slip to their lowest since March as US, Iran reach preliminary agreement to reopen Hormuz

Multiple risks loom over FY2026-27 budget, finance ministry warns

Branded Content

Why SQD-Mini LED is the display breakthrough we’ve been waiting for?

The display industry is entering a new phase, where reducing trade-offs is as important as pushing performance limits.

The Palms at Silk Gardens introduces a new family address in Karachi

The Palms places families at the heart of its vision, offering thoughtfully planned 2 and 3-bedroom units in a secure, peaceful and community-led environment.

K&N's SmartCooking Recipes: Pancake Sliders

Fun and tasty pancake sliders layered with crispy nuggets, fried egg, fresh salad and creamy sauces for a playful twist on a classic snack.

Most Popular

Budget FY26-27: How much tax will you pay? Use the Dawn Income Tax Calculator to find out

Islamabad MoU nears finalisation as US, Iran clash on signing date

Budget FY26-27: What relief measures has the government announced for next year?

Pakistan secures top position at international military drill competition in UK: ISPR

Govt slashes petrol price by Rs4, diesel by Rs2

Sustainable path?

Smuggled dinosaur fossils return to Mongolia after two decades

Govt unveils Rs18.8tr budget for FY2026-27; GDP growth targeted at 4pc

'Peace has never been this close': PM Shehbaz says text of 'final' US-Iran peace deal agreed upon

Latest Stories

Imran taken to Pims for follow-up treatment, undergoes fifth eye procedure

PM Shehbaz says Pakistan to host signing ceremony of US-Iran agreement in Geneva

PAF trainer aircraft crashes near Mardan, both pilots martyred

PSX gains over 2,800 points during intraday trade after US, Iran reach preliminary agreement

Oil prices slip to their lowest since March as US, Iran reach preliminary agreement to reopen Hormuz

Iran face New Zealand in politically charged FIFA World Cup opener

Opinion

A year on, stalemate persists

Maleeha Lodhi

Delhi announces projects to build canals that will divert water from Pakistan’s Chenab river system into the Beas basin.

15 Jun, 2026

The crisis of leadership

Saeed Ahmed

Updated 15 Jun, 2026

Enemy mine

Zarrar Khuhro

15 Jun, 2026

Optimising the obsolete

Naeem Sadiq

Updated 14 Jun, 2026

Managing peripheral dissent

Muhammad Amir Rana

Editorial

Updated 15 Jun, 2026

Climate choices

The country is confronting increasingly volatile weather patterns with consequences for agriculture, infrastructure, public health and economic planning.

15 Jun, 2026