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

57 Comments

  1. Pingback: New Income Tax Slab Rates For Salaried Class for Financal Year 2012-13

  2. Pingback: Pakistan Salary Income Tax Calculator for Tax Year 2013 (Financial Year 2012-13)

  3. Anas

    As per the slabs given in local newpapers, slab # 11 and 12 does not match. For example as per slab 11, salary limits with Rs 40,00,000 ~ 70,00,000 with a fixed amount of Rs 587500 + 27.5 % of exceeding amount, as compared to that in local newspaper limit is from Rs 40,00,000 ~ 60,00,000 with a fixed tax of Rs ” 7,22,500 ” + 30 % of exceeding amount which actually made sense as when i calculated the income tax of my boss he started to jump with joy if calculated through your slabs which showed a decrease of tax in amount Rs 15000 approx per month (Imagine that joy). But when i matched it with the slabs in local newspaper( as mentioned earlier) it showed an increase which actually make sense. So please reconfirm the slabs.

  4. Ali_J

    Income Tax slabs: This is totally unjustified all burden put on salaried employees + no increment in salaries and 1% increased GST this is too much…also withdrawl of subsidiary and more tax on food stuff…..Nawaz and his team is industrialist and now is clear that it is a budget for industrialist..They will soon perish InshaAllah.

  5. shahzad ahmad

    it is not justified. salaries have already been decreased due to inflation and imposition of extra tax will further decrease the income. these slabs should not be implemented. they are again putting the burden on lower and middle class salaried persons.

  6. javed

    shame for Nawaz Gvernment, incresed taxes ut not salary. eliminate teachers rebate. I vote nawaz sharif, May Allah forgive me on sin.
    nawaz sharif government shame on u ,shame on u.

  7. Waqar

    These pervert puts double burden on salaried persons. If one got 5000 increment this year, he/she may fall under next slabs and have to pay more tax than their raise. We (salaried person) going backward.

  8. anjum siddiqui

    Did i understand right the tax slab calculation? for example my annual income is Rs.450,000. According to rate of tax, amount exceeding to Rs.400,000 is Rs.50,000. So, total taxable amount for the year will be Rs.2500=50000*5%. and monthly tax deduction from my salary will be Rs.208= RS.2500 divided by 12 months.

  9. Sabir sroya

    tax chore always not hamderd of pakistan bhai hum say he pakistan he is ko kuch dain gey to sub khuch milay ga bachoon ko chut & whats so ever

  10. Shahid

    Tax is not bad thing but what we will get in return? No medical, no electricty, no clean water, no gas in winter, no road stuctures in most part of country…?

  11. Syed Ali Zain

    I am just thinking what is left for salaried person by the govt. High cost of living due to the inflation, increased tax rates and increased GST. They have given relief to the already privileged class and put all the burden on the salaried persons. Dont know where we are heading to ….

  12. Syed Iftikhar Hyder Naqvi

    COMPARISON OF INCOME TAX
    Of FY 2012-13 and FY2013-14

    “Monthly
    Income” “Yearly
    Income” Monthly Tax Diff
    OLD Rate New Rate
    40,000 480,000 333 333 –
    50,000 600,000 833 1,042 208
    100,000 1,200,000 5,208 5,625 417
    150,000 1,800,000 11,667 11,667 –
    200,000 2,400,000 20,417 19,583 (833)
    250,000 3,000,000 43,333 29,167 (14,167)
    300,000 3,600,000 53,333 40,625 (12,708)
    350,000 4,200,000 63,333 53,542 (9,792)
    400,000 4,800,000 73,333 67,292 (6,042)
    450,000 5,400,000 83,333 81,042 (2,292)
    500,000 6,000,000 93,333 94,792 1,458
    550,000 6,600,000 103,333 108,542 5,208
    600,000 7,200,000 113,333 122,708 9,375
    650,000 7,800,000 123,333 137,708 14,375
    700,000 8,400,000 133,333 152,708 19,375

    Syed Iftikhar Hyder Naqvi
    Assistant Manager Payroll
    Global Pharmaceuticals (Pvt) Ltd
    Cell +92 302 8777 512

  13. Partriot

    It seems that we are earning to run Govt affairs not for the s
    ake to feed our family. It is purely injustice and forcing me to be dishonest not declare my actual income in future.
    We should start rolling back our armed force which are main culprit of destabilized the economy we should reduce it to more than 50% and kick these bloody generals hanged and cut their strength to 25%…

  14. Syed Iftikhar Hyder Naqvi

    COMPARISON OF INCOME TAX
    Of FY 2012-13 and FY2013-14 with revised slabs

    “Monthly
    Income” “Yearly
    Income” Monthly Tax “Diff
    New” “Diff
    Rvsd”
    OLD Rate New Rate Revised
    40,000 480,000 333 333 333 – –
    50,000 600,000 833 1,042 1,250 208 417
    100,000 1,200,000 5,208 5,625 5,208 417 –
    150,000 1,800,000 11,667 11,667 11,667 – –
    200,000 2,400,000 20,417 19,583 20,417 (833) –
    250,000 3,000,000 43,333 29,167 30,208 (14,167) (13,125)
    300,000 3,600,000 53,333 40,625 41,667 (12,708) (11,667)
    350,000 4,200,000 63,333 53,542 54,583 (9,792) (8,750)
    400,000 4,800,000 73,333 67,292 68,333 (6,042) (5,000)
    450,000 5,400,000 83,333 81,042 82,083 (2,292) (1,250)
    500,000 6,000,000 93,333 94,792 95,833 1,458 2,500
    550,000 6,600,000 103,333 108,542 109,583 5,208 6,250
    600,000 7,200,000 113,333 122,708 123,750 9,375 10,417
    650,000 7,800,000 123,333 137,708 138,750 14,375 15,417
    700,000 8,400,000 133,333 152,708 153,750 19,375 20,417

    Syed Iftikhar Hyder Naqvi
    Assistant Manager Payroll
    Global Pharmaceuticals (Pvt) Ltd
    Cell +92 302 8777 512

  15. Umar Shafique

    This is totally unfair, burden increased on middle class salaried persons , last year fixed tax was 95000 for income upto 1800000 and now it is 140000. Totally unfair while % increase on difference is same which is 15 %

  16. Farman Khattak

    I appreciate your efforts. My annual income is Rs.735421/-. I will pay tax on total amount of Rs. 735421 or on Rs. 335421 after availing the exemption of Rs. 400000/-. Please reply and guide.

  17. Raja Nasir

    come Zardari come…otherwise salaried class will be burdened to death. Next is surely zardari. this govt will fall before completing its tenure, Insha-Allah.

  18. Wasim Jafri

    What about rebate/tax credit? previously on investments in mutual funds there was a limit of 1 million + donations (full) + house loan interest portion (full), but now I what they have done with that, is there any change in it?

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