Page 79 - Muzaffargarh Gazzetteer
P. 79
17 2012-13 17,778,920 17,778,920 100
18 2013-14 18,267,137 17,800,527 97
19 2014-15 18,814,575 18,814,575 100
20 2015-16 19,699,430 19,699,430 100
21 2016-17 20,998,081 20,998,081 100
22 2017-18 20,016,975 20,016,975 100
23 2018-19 21,711,150 21,711,150 100
Grand Total 483,336,876 468,939,136 97
Slabs for income based AIT:
(1) Where the total income does not exceed 0%
Rs.400,000/-
(2) Where the total income exceeds Rs.1000/-
Rs.400,000/- but does not exceed
Rs.800,000/-
(3) Where the total income exceeds Rs.2000/-
Rs.800,000/- but does not exceed
Rs.12,00,000/-
(4) Where the income exceeds 5% of the amount exceeding
Rs.12,00,000/- but does not exceed Rs.12,00,000/-
Rs.24,00,000/-
(5) Where the total income exceeds Rs.60,000/- plus 10% of the
Rs.24,00,000/- but does not exceed amount exceeding
Rs.48,00,000/- Rs.24,00,000/-
(6) Where the total income exceeds Rs.300,000/- plus 15% of the
Rs.48,00,000/- amount exceeding
Rs.48,00,000/-
According to the provisions of the Act ibid the owner of 50 acres or above is
bound to submit return of the agriculture income in the office of Assistant
Commissioner/Collector Sub-Division concerned. In the year 2010-11, the
Government of Punjab obtained data from the Federal Board of Revenue of
the land owners who had submitted their assessed income in Income Tax
Returns on the basis of which the Sub-Divisional Collectors were assigned
the task of assessing and collecting the agriculture income tax. The details
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