159(1) / 151 (Order to grant / refuse reduced rate of withholding on Profit on Debt)

Name: PUNJAB PENSION FUND Registration 4285906 Address: 112, Tipu Block, New Garden Town, Lahore Gulberg Tax Year : 2020 Town Period : 01-Jul-2019 - 30-Jun-2020 Medium : Online Contact No: 00923124720201 Due Date : 14-Jan-2020 Valid Upto : 30-Jun-2020 Document 14-Jan-2020

The taxpayer is a Recognized pension fund. Therefore, no income tax under section 151 of the Income Tax Ordinance, 2001 read with Section 159(1) of the Income Tax Ordinance, 2001 is deductible in its case from profit on debt from deposits in Government Securities, National Saving Schemes, NIT Units, collective investment scheme authorized or registered under the non banking finance companies (Established and Regulation) Rules, 2003, Mutual fund, a real estate investment trust approved and authorized under the real estate investment trust rule, 2006 or scheduled banks.

This exemption certificate is valid upto 30.06.2020 unless cancelled earlier. Income Tax already deducted/deductible before the issuance of the certificate would not be refunded to the taxpayer company but deposited in the Government treasury.

Withholding Tax Description Code Rate Profit on Debt u/s 151 from NSC / PO Deposits 64040001 0.00 0.00 0.00 Profit on Debt u/s 151 from Bank Accounts / Deposits 64040002 0.00 0.00 0.00 Profit on Debt u/s 151 from Government Securities 64040003 0.00 0.00 0.00 Profit on Debt u/s 151 from Others 64040004 0.00 0.00 0.00

Attributes Attribute Value Decision Granted / Accepted

Attachments Exemption application-attachment.pdf

ishtiaq ahmed khan commissioner inland revenue, zone-v rto (corporate) lahore, tax house syed mauj e darya road lahore

Page 1 of 3 Printed on Wed, 15 Jan 2020 14:19: RTO (CORPORATE) LAHORE, TAX HOUSE SYED MAUJ E DARYA ROAD LAHORE

159(1) / 151 (Order to grant / refuse reduced rate of withholding on Profit on Debt)

Name: PUNJAB PENSION FUND Registration 4285906 Address: 112, Tipu Block, New Garden Town, Lahore Gulberg Tax Year : 2020 Town Period : 01-Jul-2019 - 30-Jun-2020 Medium : Online Contact No: 00923124720201 Due Date : 14-Jan-2020 Valid Upto : 30-Jun-2020 Document 14-Jan-2020

CC BANK ALFALAH LIMITED B A Building, I.I Chundrigarh Road, I.I 1 0698202 Chundrigarh Road, West Kemari Town 11TH FLOOR DAWOOD CENTRE 2 0801434 DAWOOD HERCULES CORPORATION LIMITED MOULVI TAMIZUDDIN KHAN ROAD Meezan House, C-25 Estate Avenue, 3 0787226 MEEZAN BANK LIMITED. SITE, Karachi West Site Town 4 0801428 ALLIED BANK OF LIMITED 8 EGERTON ROAD LAHORE MUSLIM COMMERCIAL BANK LIMITED Financial Control Group MCB 15 Main Gulberg, Jail Road, MCB 15 Main 5 0700267 Gulberg, Jail Road, Financial Control Group MCB House 15 Main Gulberg, Jail Road, Lahore Gulberg Town 6TH FLOOR NBP BUILDING I I 6 0700275 NATIONAL INVESTMENT(UNIT) TRUST CHUNDRIGAR ROAD KARACHI BANK LIMITED 3RD FLOOR FEDERATION HOUSE 7 3654008 ABDULLAH SHAH ROAD, CLIFTON OFFICE NO.12 2ND FLOOR, CAPITAL 8 0800595 THE HUB POWER COMPANY LIMITED SHOPPING CENTER G-11 MARKAZ HABIB METROPOLITAN BANK LIMITED GROUND FLOOR SPENCERS 9 0711167 BUILDING G P O BOX 1289 11 C I.I. Chundrigar Road I.I.Chundrigar Road 5th Floor Office Towers Techno City 10 2742260 UBL STOCK ADVANTAGE FUND Hasrat Mohani Road I I CHUNDRIGAR 11 0698187 HABIB BANK LIMITED ROAD KARACHI ATLAS STOCK MARKET FUND (TRUST) GROUND FLOOR, FEDERATION 12 2215301 HOUSE, SHARAE FIRDOUSI, CLIFTON, Karachi South ENGRO FERTILIZERS LTD. 7TH FLOOR THE HAROBOUR FRONT 13 3378860 BUILDING, HC#3 MARINE DRIVE CLIFTON BLOCK-4 C/O NATIONAL BANK OF PAKISTAN, 14 0700271 NATIONAL BANK OF PAKISTAN KARACHI BANK AL-HABIB LIMITED 126-C, Old Bahawalpur Road,, Multan, 15 0709857 Multan, Multan Cantt. Shah Rukn E Alam Town STANDARD CHARTERED BANK (PAKISTAN) STANDARD CHARTERED BANK 16 2731134 LIMITED BUILDING I I CHUNDRIGAR RO I.I. Chundrigar Road Karachi

Page 2 of 3 Printed on Wed, 15 Jan 2020 14:19: RTO (CORPORATE) LAHORE, TAX HOUSE SYED MAUJ E DARYA ROAD LAHORE

159(1) / 151 (Order to grant / refuse reduced rate of withholding on Profit on Debt)

Name: PUNJAB PENSION FUND Registration 4285906 Address: 112, Tipu Block, New Garden Town, Lahore Gulberg Tax Year : 2020 Town Period : 01-Jul-2019 - 30-Jun-2020 Medium : Online Contact No: 00923124720201 Due Date : 14-Jan-2020 Valid Upto : 30-Jun-2020 Document 14-Jan-2020

CC FINANCE DIVISION AWT PLAZA THE 17 0709045 ASKARI BANK LIMITED MALL ROAD FAYSAL HOUSE, 2 COMMERCIAL 18 0815065 FAYSAL BANK LIMITED STREET MAIN SHAHRA-E- FAISAL 7th Floor State Life Building # 01 I.I. 19 0801164 UNITED BANK LIMITED Chundrigar Road STATE BANK OF PAKISTAN I I 20 9011209 STATE BANK OF PAKISTAN CHUNDRIGAR ROAD KARACHI CENTRAL DIRECTORATE OF NATIONAL SAVINGS L-12, TARIQ PLAZA, SITARA MARKET 21 9011206 G-7 MARKAZ, Islamabad Islamabad Urban SONERI BANK LIMITED 241-242 RUPALI HOUSE, UPPER MALL 22 0801438 SCHEME, ANAND ROAD, Lahore Gulberg Town 7TH FLOOR P.N.S.C BUILDING M.T. 23 1791618 NIB BANK LIMITED KHAN ROAD SHAHEEN COMMERCIAL COMPLEX DR 24 2663703 JS BANK LIMITED ZIAUDDIN AHMED ROAD SADDAR 25 2567068 ZARAI TARAQIATI BANK LIMITED 1 FAISAL AVENUE BANK ISLAMI PAKISTAN LIMITED 11th Floor, Executive Tower, Dolmen City, 26 2238845 Marine Drive, Block 4, Clifton, Karachi South Saddar Town 27 9014201 WATER AND POWER DEVELOPMENT AUTHORITY WAPDA HOUSE SAMBA BANK LIMITED GROUND FLOOR, ARIF HABIB 28 1804331 CENTER, 23-M.T.KHAN ROAD, Karachi West Kemari Town 29 0800543 THE BANK OF PUNJAB BOP TOWER, 10-B,E/II, GULBERG III

Page 3 of 3 Printed on Wed, 15 Jan 2020 14:19: RTO (CORPORATE) LAHORE, TAX HOUSE SYED MAUJ E DARYA ROAD LAHORE