According to the budget documents AIT is an important direct tax available to provinces under the AIT Act promulgated in 1997. It envisaged payment of fixed amount per acre of land. Major amendments were introduced to this act in 2001 and whereby holders of 25 acres of irrigated land (equivalent to 50 acre un-irrigated land) were required to submit their AIT return.
Muhammad Ramzan Rafique
I am from a small town Chichawatni, Sahiwal, Punjab , Pakistan, studied from University of Agriculture Faisalabad, on my mission to explore world I am in Denmark these days..