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 income Rate of tax
1 Where the taxable income does not exceed Rs.400,000 0%
2 Where the taxable income  exceeds Rs.400,000 but does not exceed Rs.500,000 5% of the amount exceeding Rs.400,000
3 Where the taxable income  exceeds Rs.500,000 but does not exceed Rs.800,000 Rs.5,000 + 7.5% of the amount exceeding Rs.500,000
4 Where the taxable income  exceeds Rs.800,000 but does not exceed Rs.1,300,000 Rs.27,500 + 10% of the amount exceeding Rs.800,000
5 Where the taxable income  exceeds Rs.1,300,000 but does not exceed Rs.1,800,000 Rs.77,500 + 12.5% of the amount exceeding Rs.13,00,000
6 Where the taxable income  exceeds Rs.1,800,000 but does not exceed Rs.2,200,000 Rs.140,000 + 15% of the amount exceeding Rs.1,800,000
7 Where the taxable income  exceeds Rs.2,200,000 but does not exceed Rs.2,600,000 Rs.200,000 + 17.5% of the amount exceeding  Rs.2,200,000
8 Where the taxable income  exceeds Rs.2,600,000 but does not exceed  Rs.3,000,000 Rs.270,000 + 20% of the amount exceeding Rs. 2,600,000
9 Where the taxable income  exceeds Rs.3,000,000 but does not exceed  Rs.3,500,000 Rs.350,000 + 22.5% of the amount exceeding  Rs. 3,000,000
10 Where the taxable income  exceeds Rs.35,00,000  but does not exceed Rs.4,000,000 Rs. 462,500 + 25% of the amount exceeding  Rs.3,500,000
11 Where the taxable income  exceeds Rs.40,00,000 but does not exceed Rs.7,000,000 Rs.587,500 + 27.5% of amount exceeding the 4,000,000
12 Where the taxable income  exceeds Rs.7,000,000 Rs.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