NEW PROPOSED INCOME TAX SLAB RATES FOR SALARIED CLASS IN PAKISTAN 2013-14

Following are the PROPOSED INCOME TAX SLAB RATES FOR SALARIED CLASS IN PAKISTAN 2013-14. Hope you can voice your opinion in time before the same are approved. Marginal Relief will no longer be available.

These have been further amended Please visit Revised Income Tax Slab Rates by clicking here

S.No.Taxable incomeRate of tax
1Where the taxable income does not exceed Rs.400,0000%
2Where the taxable income  exceeds Rs.400,000 but does not exceed Rs.500,0005% of the amount exceeding Rs.400,000
3Where the taxable income  exceeds Rs.500,000 but does not exceed Rs.800,000Rs.5,000 + 7.5% of the amount exceeding Rs.500,000
4Where the taxable income  exceeds Rs.800,000 but does not exceed Rs.1,300,000Rs.27,500 + 10% of the amount exceeding Rs.800,000
5Where the taxable income  exceeds Rs.1,300,000 but does not exceed Rs.1,800,000Rs.77,500 + 12.5% of the amount exceeding Rs.13,00,000
6Where the taxable income  exceeds Rs.1,800,000 but does not exceed Rs.2,200,000Rs.140,000 + 15% of the amount exceeding Rs.1,800,000
7Where the taxable income  exceeds Rs.2,200,000 but does not exceed Rs.2,600,000Rs.200,000 + 17.5% of the amount exceeding  Rs.2,200,000
8Where the taxable income  exceeds Rs.2,600,000 but does not exceed  Rs.3,000,000Rs.270,000 + 20% of the amount exceeding Rs. 2,600,000
9Where the taxable income  exceeds Rs.3,000,000 but does not exceed  Rs.3,500,000Rs.350,000 + 22.5% of the amount exceeding  Rs. 3,000,000
10Where the taxable income  exceeds Rs.35,00,000  but does not exceed Rs.4,000,000Rs. 462,500 + 25% of the amount exceeding  Rs.3,500,000
11Where the taxable income  exceeds Rs.40,00,000 but does not exceed Rs.7,000,000Rs.587,500 + 27.5% of amount exceeding the 4,000,000
12Where the taxable income  exceeds Rs.7,000,000Rs.1,412,500 + 30% of the amount exceeding  Rs.7,000,000”

(b)  the first proviso shall be omitted;

 

These have been further amended Please visit Revised Income Tax Slab Rates by clicking here