As per 2022-2023 budget presented by government of Pakistan.
Monthly Income
0
Monthly Tax
0
Salary After Tax
0
Yearly Income
0
Yearly Tax
0
Yearly Income After Tax
0
Income Tax Slabs
As per Federal Budget 2022-2023 presented by Government of
Pakistan, following slabs and income tax rates will be
applicable for salaried persons for the year 2022-2023:
Where the taxable salary income does not exceed
Rs. 600,000 the rate of income tax is 0%.
Where the taxable salary income exceeds Rs. 600,000 but
does not exceed Rs. 1,200,000 the rate of income tax is
2.5% of the amount exceeding
Rs. 600,000
Where the taxable salary income exceeds
Rs. 1,200,000 but does not exceed
Rs. 2,400,000 the rate of income tax is
Rs. 15,000+12.5% of the amount exceeding
Rs. 1,200,000.
Where the taxable salary income exceeds
Rs. 2,400,000 but does not exceed
Rs. 3,600,000 the rate of income tax is
Rs. 165,000 + 20% of the amount exceeding
Rs. 2,400,000.
Where the taxable salary income exceeds
Rs. 3,600,000 but does not exceed
Rs. 6,000,000 the rate of income tax is
Rs. 405,000 + 25% of the amount exceeding
Rs. 3,600,000.
Where the taxable salary income exceeds
Rs. 6,000,000 but does not exceed
Rs. 12,000,000 the rate of income tax is
Rs. 1,050,000 + 32.5% of the amount exceeding
Rs. 6,000,000.
Where the taxable salary income exceeds
Rs. 12,000,000 the rate of income tax is
Rs. 2,955,000 + 35% of the amount exceeding
Rs. 12,000,000.