WebOct 12, 2024 · The government of Pakistan has finalized tax slabs for salaried individuals for the fiscal year 2024-23 and has set a minimum income tax rate of 2.5% for those earning up to Rs. 100,000 per month and a maximum of 35% for individuals earning a monthly salary over Rs.1 million. Income tax slabs in Pakistan WebJun 11, 2024 · Pakistan on June 10, 2024 presented its federal budget for the fiscal year 2024/2024. The budget carried several relief and taxation measures. Finance Minister Miftah Ismail during his budget speech announced that the basic exemption for salaried persons has been increased to Rs1.2 million from Rs600,000.

FBR Federal Board of Revenue - Government of Pakistan

WebSection 235 Advance Tax on Electricity Bill Gross amount of Bill Tax For Commercial & Industrial Consumers Up to Rs. 500 0 Exceeds Rs. 500 but does not exceed Rs. 20,000 10% of the amount Exceeds Rs. 20,000 – Commercial Consumers Rs. 1950 plus 12% of the amount exceeding 20,000 Industrial Consumers Rs. WebJun 8, 2024 · Budget 2024-23: Rs450bn new taxation steps shared with PM The number of slabs of the salaried class has been proposed to be reduced to six. Moreover, there will be no change in the tax rates... flight night luggage

Income Tax Slab In Pakistan 2024-2024 - Pakistan Observer

WebDownload Tax Card 2024/2024 You can view and download our helpful Tax Card for 2024/2024 .below which we have produced as a print friendly PDF for you to download … WebJul 9, 2024 · There are different Income Tax Slabs for 2024-2024 year in Pakistan on Salary Income. DIVISION OF SALARY INCOME IN PAKISTAN BASIC SALARY HOUSE RENT … WebThis Withholding Tax Rates Card is just an effort to have a ready reference and to facilitate all the Stakeholders of Withholding Tax Regime. The original Statue (Income Tax Ordinance, 2001, as amended) shall ... of Pakistan. 1.75% of the import value as increased by Custom-duty, sales tax and federal excise duty chemist warehouse in bowral