Members are requested to send us their correct mailing address, phone no, e-mail and write-ups for MARINER, your own magzine ...

 

 

 

Income Tax

 

 

GOVERNMENT OF PAKISTAN

REVENUE DIVISION

CENTRAL BOARD OF REVENUE

 

 

 No.F.1-167(1)ITP/2001-EC/SAL

Islamabad, the July 4, 2001

 

 

Circular No. 5 of 2001

(Income Tax)

 

Subject::      FINANCE ORDINANCE, 2001 EXPLANATION OF IMPORTANT

                    PROVISIONS RELATING TO INCOME TAX

 

The following are the important amendments made in the Income Tax Ordinance, 1979, through the Finance Ordinance, 2001

 

 

25:               AMENDMENTS IN SECOND SCHEDULE OF THE INCOME TAX

                   ORDINANCE, 1979

                   Part-I, Part-III and Part-IV of the Second Schedule.

 

                  (A)    The following amendments have been made in Part-I of Second

                          Schedule to the Ordinance.

  1. A new clause (7F) has been introduced in Part-I of the Second Schedule, by virtue of which the salary of Pakistani seafarers working on foreign ships, which is chargeable to tax, would be exempt from tax in Pakistan, if it is remitted through normal banking channel within two months of the end of the relevant income year:

  2. Flying allowance received by pilots, navigators and engineers employed by Civil Aviation Authority has been exempted from tax through an amendment in clause (39B);

 

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MMSP ELECTION - 2015

Dear Members
kindly note that submission of Nomination form has been extended till 9 May 2015, due to annual dinner event. Ensure that the Nomination form should reach MMSP office on or 9 May 2015.

Regards
Capt. Khawaja Wasiuddin Siddiqi Dupty Election Commissioner

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MMSP IS HOLDING ITS ANNUAL DINNER- 2015

To honour
Chief Patron of MMSP and Chief of Naval Staff Who has kindly consented to be the Chief Guest on this Occasion at Convention Hall, Pakistan Maritime Museum Near Karsaz, Karachi,
on Friday, the 24 April 2015

at 2000 hrs

All members and Mariners are requested to collect their cards from MMSP Secretariat.
Ph 32418784
cell 0333-3113265
E-mail: mmsp@super.net.pk 
web: www.mmsp.com.pk
or call Capt. Nusrat Iqbal (GS-MMSP) Cell: 0300-8245399
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PAKISTAN MARINE ACADEMY IN DOLDRUM

If, we go into time Tunnel, the era from 2003-2007, efforts were made to convert Pakistan Marine Academy to Pakistan Maritime University, so that different faculties of Maritime education may be established locally.

 

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Monthly Meeting :

 

May 14, 2015

Executive Committee Meeting of Master Mariner Society of Pakistan will be held at 17.30 Hrs. at Room No 18, Old Ralli Brothers Building, Talpur Road, Karachi.

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