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Tax Rates-Pakistan (2013-2014)
Rates of Tax for Individuals- 1[and Association of Persons]

S.No.

1

2

3

4

5

6

7

8

Taxable income

Where the taxable income does not exceed Rs. 400,000

Where the taxable income exceeds Rs.400,000 but does not exceed Rs.750,000

Where the taxable income exceeds Rs.750,000 but does not exceed Rs.1,500,000

Where the taxable income exceeds Rs.750,000 but does not exceed Rs.1,500,000

Where the taxable income exceeds Rs.1,500,000 but does not exceed Rs.2,500,000

Where the taxable income exceeds Rs.2,500,000 but does not exceed Rs.4,000,000

Where the taxable income exceeds Rs.4,000,000 but does not exceed Rs.6,000,000

Where the taxable income exceeds Rs.6,000,000

Rate of tax

0%

10% of the amount exceeding Rs.400,000

10% of the amount exceeding Rs.400,000

Rs.35,000 + 15% of the amount exceeding Rs.750,000

Rs.147,500 + 20% of the amount exceeding Rs.1,500,000

Rs.347,500 + 25% of the amount exceeding Rs.2,500,000

Rs.722,500 + 30% of the amount exceeding Rs.4,000,000

Rs.1,322,500 + 35% of the amount exceeding Rs.6,000,000

Income tax Rates for individuals whose salary income exceeds 50% of taxable income

S.No.

1

2

3

4

5

6

7

8

9

10

11

Taxable income

Where the taxable income does not exceed Rs.400,000

Where the taxable income exceeds Rs.400,000 but does not exceed Rs.750,000

Where the taxable income exceeds Rs.750,000 but does not exceed Rs.1,400,000

Where the taxable income exceeds Rs.1,400,000 but does not exceed Rs.1,500,000

Where the taxable income exceeds Rs.1,500,000 but does not exceed Rs.1,800,000

Where the taxable income exceeds Rs.1,800,000 but does not exceed Rs.2,500,000

Where the taxable income exceeds Rs.2,500,000 but does not exceed Rs.3,000,000

Where the taxable income exceeds Rs.3,000,000 but does not exceed Rs.3,500,000

Where the taxable income exceeds Rs.3,500,000 but does not exceed Rs.4,000,000

Where the taxable income exceeds Rs.4,000,000 but does not exceed Rs.7,000,000

Where the taxable income exceeds Rs.7,000,000

Rate of tax

0%

5% of the amount exceeding Rs.400,000

Rs.17,500 + 10% of the amount exceeding Rs.750,000

Rs.82,500 + 12.5% of the amount exceeding Rs.1,400,000

Rs.95,000 + 15% of the amount exceeding Rs.1,500,000

Rs.140,000 + 17.5% of the amount exceeding Rs.1,800,000

Rs.262,500 + 20% of the amount exceeding Rs.2,500,000

Rs.362,500 + 22.5% of the amount exceeding Rs.3,000,000

Rs.475,000 + 25% of the amount exceeding Rs.3,500,000

Rs.600,000 + 27.5% of the amount exceeding Rs.4,000,000

Rs.1,425,000 + 30% of the amount exceeding Rs.7,000,000

Rates of Tax for Companies

1

2

3

4

Small Companies

Banking Companies Tax Year 2013

Banking Companies Tax Year 2014

Any other Company

25%

35%

34%

35%

TAX YEAR 2012
RATES OF TAX FOR INDIVIDUAL EXCEPT A SALARIED TAXPAYER:-

S #

1

2

3

4

5

6

Taxable Income

Where taxable income does not exceed Rs.350,000

Where taxable income exceeds Rs.350,000 but does not exceed Rs.500,000

Where taxable income exceeds Rs.500,000 but does not exceed Rs.750,000

Where taxable income exceeds Rs.750,000 but does not exceed Rs.1,000,000

Where taxable income exceeds Rs.1,000,000 but does not exceed Rs.1,500,000

Where taxable income exceeds Rs.1,500,000

Rate of Tax

0%

5%

10%

15%

20%

25%

RATES OF TAX FOR INDIVIDUAL WHERE SALARY CONSTITUTES MORE THAN 50% OF TAXABLE INCOME:-

S #

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

Taxable Income

Where taxable income does not exceed Rs.350,000

Where taxable income exceeds Rs.350,000 but does not exceed Rs.400,000

Where taxable income exceeds Rs.400,000 but does not exceed Rs.450,000

Where taxable income exceeds Rs.450,000 but does not exceed Rs.550,000

Where taxable income exceeds Rs.550,000 but does not exceed Rs.650,000

Where taxable income exceeds Rs. 650,000but does not exceed Rs.750,000

Where taxable income exceeds Rs.750,000 but does not exceed Rs.900,000

Where taxable income exceeds Rs.900,000 but does not exceed Rs.1,050,000

Where taxable income exceeds Rs.1,050,000 but does not exceed Rs.1,200,000

Where taxable income exceeds Rs.1,200,000 but does not exceed Rs.1,450,000

Where taxable income exceeds Rs.1,450,000 but does not exceed Rs.1,700,000

Where taxable income exceeds Rs.1,700,000 but does not exceed Rs.1,950,000

Where taxable income exceeds Rs. 1,950,000but does not exceed Rs.2,250,000

Where taxable income exceeds Rs. 2,250,000 but does not exceed Rs.2,850,000

Where taxable income exceeds Rs. 2,850,000 but does not exceed Rs.3,550,000

Where taxable income exceeds Rs. 3,550,000 but does not exceed Rs.4,550,000

Where taxable income exceeds Rs.4,550,000

Rate of Tax

0%

1.5%

2.50%

3.50%

4.50%

6.00%

7.50%

9.00%

10.00%

11.00%

12.50%

14.00%

15.00%

16.00%

17.50%

18.50%

20.00%

INCOME FROM PROPERTY

S #

1

2

3

4

Gross amount of rent

Where the gross amount of rent does not exceed Rs.150,000.

Where the gross amount of rent exceeds Rs.150,000 but does not exceed Rs.400,000.

Where the gross amount of rent exceeds Rs.400,000 but does not exceed Rs.1,000,000.

Where the gross amount of rent exceeds Rs.1,000,000

Rate of tax

Nil

5 per cent of the gross amount exceeding Rs.150,000.

Rs.12,500 plus 7.5 per cent of the gross amount exceeding Rs.400,000.

Rs.57,500 plus 10 per cent of the gross amount exceeding Rs.1,000,000

TAX YEAR 2011
RATES OF TAX FOR INDIVIDUAL EXCEPT A SALARIED TAXPAYER:-

S #

1

2

3

4

5

6

Taxable Income

Where taxable income does not exceed Rs.300,000

Where taxable income exceeds Rs.300,000 but does not exceed Rs.500,000

Where taxable income exceeds Rs.500,000 but does not exceed Rs.750,000

Where taxable income exceeds Rs.750,000 but does not exceed Rs.1,000,000

Where taxable income exceeds Rs.1,000,000 but does not exceed Rs.1,500,000

Where taxable income exceeds Rs.1,500,000

Rate of Tax

0%

7.5%

10%

15%

20%

25%

RATES OF TAX FOR INDIVIDUAL WHERE SALARY CONSTITUTES MORE THAN 50% OF TAXABLE INCOME:-

S #

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

Taxable Income

Where taxable income does not exceed Rs.300,000

Where taxable income exceeds Rs.300,000 but does not exceed Rs.350,000

Where taxable income exceeds Rs.350,000 but does not exceed Rs.400,000

Where taxable income exceeds Rs.400,000 but does not exceed Rs.450,000

Where taxable income exceeds Rs.450,000 but does not exceed Rs.550,000

Where taxable income exceeds Rs.550,000 but does not exceed Rs.650,000

Where taxable income exceeds Rs. 650,000but does not exceed Rs.750,000

Where taxable income exceeds Rs.750,000 but does not exceed Rs.900,000

Where taxable income exceeds Rs.900,000 but does not exceed Rs.1,050,000

Where taxable income exceeds Rs.1,050,000 but does not exceed Rs.1,200,000

Where taxable income exceeds Rs.1,200,000 but does not exceed Rs.1,450,000

Where taxable income exceeds Rs.1,450,000 but does not exceed Rs.1,700,000

Where taxable income exceeds Rs.1,700,000 but does not exceed Rs.1,950,000

Where taxable income exceeds Rs. 1,950,000but does not exceed Rs.2,250,000

Where taxable income exceeds Rs. 2,250,000 but does not exceed Rs.2,850,000

Where taxable income exceeds Rs. 2,850,000 but does not exceed Rs.3,550,000

Where taxable income exceeds Rs. 3,550,000 but does not exceed Rs.4,550,000

Where taxable income exceeds Rs.4,550,000

Rate of Tax

0%

0.75%

1.5%

2.50%

3.50%

4.50%

6.00%

7.50%

9.00%

10.00%

11.00%

12.50%

14.00%

15.00%

16.00%

17.50%

18.50%

20.00%

INCOME FROM PROPERTY

S #

1

2

3

4

Gross amount of rent

Where the gross amount of rent does not exceed Rs.150,000

Where the gross amount of rent exceeds Rs.150,000 but does not exceed Rs.400,000

Where the gross amount of rent exceeds Rs.400,000 but does not exceed Rs.1,000,000

Where the gross amount of rent exceeds Rs.1,000,000

Rate of Tax

Nil

5 per cent of the gross amount exceeding Rs.150,000.

Rs.12,500 plus 7.5 per cent of the gross amount exceeding Rs.400,000.

Rs.57,500 plus 10 per cent of the gross amount exceeding Rs.1,000,000

TAX YEAR 2010
RATES OF TAX FOR INDIVIDUAL EXCEPT A SALARIED TAXPAYER:-

S #

1

2

3

4

5

6

7

8

9

10

11

12

13

14

Taxable Income

Where taxable income does not exceed Rs.100,000

Where taxable income exceeds Rs.100,000 but does not exceed Rs.110,000

Where taxable income exceeds Rs.110,000 but does not exceed Rs.125,000

Where taxable income exceeds Rs.125,000 but does not exceed Rs.150,000

Where taxable income exceeds Rs.150,000 but does not exceed Rs.175,000

Where taxable income exceeds Rs.175,000 but does not exceed Rs.200,000

Where taxable income exceeds Rs.200,000 but does not exceed Rs.300,000

Where taxable income exceeds Rs.300,000 but does not exceed Rs.400,000

Where taxable income exceeds Rs.400,000 but does not exceed Rs.500,000

Where taxable income exceeds Rs.500,000 but does not exceed Rs.600,000

Where taxable income exceeds Rs.600,000 but does not exceed Rs.800,000

Where taxable income exceeds Rs.800,000 but does not exceed Rs.1,000,000

Where taxable income exceeds Rs.1,000,000 but does not exceed Rs.1,300,000

Where taxable income exceeds Rs.1,300,000

Rate of Tax

0%

0.5%

1.00%

2.00%

3.00%

4.00%

5.00%

7.5%

10.00%

12.50%

15.00%

17.50%

21.00%

25.00%

RATES OF TAX FOR INDIVIDUAL WHERE SALARY CONSTITUTES MORE THAN 50% OF TAXABLE INCOME:-

S #

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

Taxable Income

Where taxable income does not exceed Rs.200,000

Where taxable income exceeds Rs.200,000 but does not exceed Rs.250,000

Where taxable income exceeds Rs.250,000 but does not exceed Rs.350,000

Where taxable income exceeds Rs.350,000 but does not exceed Rs.400,000

Where taxable income exceeds Rs.400,000 but does not exceed Rs.450,000

Where taxable income exceeds Rs.450,000 but does not exceed Rs.550,000

Where taxable income exceeds Rs. 550,000but does not exceed Rs.650,000

Where taxable income exceeds Rs.650,000 but does not exceed Rs.750,000

Where taxable income exceeds Rs. 750,000 but does not exceed Rs. 900,000

Where taxable income exceeds Rs. 900,000but does not exceed Rs. 1,050,000

Where taxable income exceeds Rs. 1,050,000but does not exceed Rs. 1,200,000

Where taxable income exceeds Rs. 1,200,000but does not exceed Rs. 1,450,000

Where taxable income exceeds Rs. 1,450,000but does not exceed Rs. 1,700,000

Where taxable income exceeds Rs. 1,700,000but does not exceed Rs. 1,950,000

Where taxable income exceeds Rs. 1,950,000but does not exceed Rs. 2,250,000

Where taxable income exceeds Rs. 2,250,000but does not exceed Rs. 2,850,000

Where taxable income exceeds Rs. 2,850,000but does not exceed Rs. 3,550,000

Where taxable income exceeds Rs. 3,550,000 but does not exceed Rs. Rs.4,550,000

Where taxable income exceeds Rs. 4,550,000 but does not exceed Rs. Rs.8,650,000

Where taxable income exceeds Rs. Rs.8,650,000

Rate of Tax

0%

0.5%

0.75%

1.50%

2.50%

3.50%

4.50%

6.00%

7.50%

9.00%

10.00%

11.00%

12.50%

14.00%

15.00%

16.00%

17.50%

18.50%

19.00%

20.00%

INCOME FROM PROPERTY

S #

1

2

3

4

Gross amount of rent

Where the gross amount of rent does not exceed Rs.150,000.

Where the gross amount of rent exceeds Rs.150,000 but does not exceed Rs.400,000

Where the gross amount of rent exceeds Rs.400,000 but does not exceed Rs.1,000,000

Where the gross amount of rent exceeds Rs.1,000,000.

Rate of Tax

Nill

5 per cent of the gross amount exceeding Rs.150,000

Rs.12,500 plus 7.5 per cent of the gross amount exceeding Rs.400,000

Rs.57,500 plus 10 per cent of the gross amount exceeding Rs.1,000,000.