Pakistan Income Tax Rate Cards
Official FBR tax rates from Tax Year 2018 to 2025. Select a year below.
Tax Year 2025 (July 2024 - June 2025)
Finance Act 2024 — FBR Official Rates
Salaried Individuals — Income Tax Slabs
| Taxable Income (PKR) | Fixed Tax | Rate on Excess |
|---|---|---|
| Up to 600,000 | Nil | 0% |
| 600,001 to 1,200,000 | Nil | 5% |
| 1,200,001 to 2,200,000 | 30,000 | 15% |
| 2,200,001 to 3,200,000 | 180,000 | 25% |
| 3,200,001 to 4,100,000 | 430,000 | 30% |
| Above 4,100,000 | 700,000 | 35% |
Super tax at 10% applies on income above PKR 10 million. Medical allowance up to 10% of basic salary is exempt.
Non-Salaried Individuals / AOP — Income Tax Slabs
| Taxable Income (PKR) | Fixed Tax | Rate on Excess |
|---|---|---|
| Up to 600,000 | Nil | 0% |
| 600,001 to 1,200,000 | Nil | 15% |
| 1,200,001 to 1,600,000 | 90,000 | 20% |
| 1,600,001 to 3,200,000 | 170,000 | 30% |
| 3,200,001 to 5,600,000 | 650,000 | 40% |
| Above 5,600,000 | 1,610,000 | 45% |
Corporate Tax Rates
| Entity | Rate |
|---|---|
| Public Company | 29% |
| Private Company | 29% |
| Small Company (turnover below 250M) | 20% |
| Banking Company | 39% |
Withholding Tax — Key Rates (Filer vs Non-Filer)
| Transaction | Filer | Non-Filer |
|---|---|---|
| Sale of immovable property (Sec 236C) | 3% | 6% |
| Purchase of immovable property (Sec 236K) | 3% | 12% |
| Profit on bank deposits (Sec 151) | 15% | 35% |
| Dividend income (Sec 150) | 15% | 30% |
| Contracts — supply of goods (Sec 153) | 4% | 8% |
| Contracts — rendering of services (Sec 153) | 3% | 6% |
| Electricity bill above PKR 25,000/month | 7.5% | 15% |
| Cash withdrawal above PKR 50,000/day (Sec 231A) | Exempt | 0.6% |
| Foreign debit/credit card transactions (Sec 236Y) | 1% | 2% |
| Purchase of motor vehicle (Sec 231B) | 1% - 3% | 2% - 6% |
| Rent of immovable property (Sec 155) | 15% | 30% |
| Sale by auction (Sec 236A) | 10% | 20% |
Capital Gains Tax — Immovable Property
| Holding Period | Open Plot | Constructed Property |
|---|---|---|
| Less than 1 year | 15% | 15% |
| 1 to 2 years | 12.5% | 10% |
| 2 to 3 years | 10% | 7.5% |
| 3 to 4 years | 7.5% | 5% |
| 4 to 5 years | 5% | 2.5% |
| 5 to 6 years | 2.5% | 0% |
| More than 6 years | 0% | 0% |
Rental Income Tax Slabs (Section 15)
| Net Rental Income (PKR) | Fixed Tax | Rate on Excess |
|---|---|---|
| Up to 300,000 | Nil | 0% |
| 300,001 to 600,000 | Nil | 5% |
| 600,001 to 2,000,000 | 15,000 | 10% |
| Above 2,000,000 | 155,000 | 25% |
Allowable deductions: repairs and maintenance (up to 20% of rent), insurance, local taxes. Withholding tax on rent is final tax for individuals.
Sales Tax Rates
| Category | Rate |
|---|---|
| Standard rate (most goods) | 18% |
| Petroleum products | Specific rates |
| Exports | 0% (zero-rated) |
| Punjab Sales Tax on Services (PRA) | 16% |
| Sindh Sales Tax on Services (SRB) | 13% |
| KPK Sales Tax on Services (KPRA) | 15% |
| Balochistan Sales Tax on Services (BRA) | 15% |
Tax Year 2024 (July 2023 - June 2024)
Finance Act 2023 — FBR Official Rates
Salaried Individuals — Income Tax Slabs
| Taxable Income (PKR) | Fixed Tax | Rate on Excess |
|---|---|---|
| Up to 600,000 | Nil | 0% |
| 600,001 to 1,200,000 | Nil | 2.5% |
| 1,200,001 to 2,400,000 | 15,000 | 12.5% |
| 2,400,001 to 3,600,000 | 165,000 | 22.5% |
| 3,600,001 to 6,000,000 | 435,000 | 27.5% |
| Above 6,000,000 | 1,095,000 | 35% |
Non-Salaried Individuals / AOP — Income Tax Slabs
| Taxable Income (PKR) | Fixed Tax | Rate on Excess |
|---|---|---|
| Up to 600,000 | Nil | 0% |
| 600,001 to 1,200,000 | Nil | 15% |
| 1,200,001 to 1,600,000 | 90,000 | 20% |
| 1,600,001 to 3,200,000 | 170,000 | 30% |
| 3,200,001 to 5,600,000 | 650,000 | 40% |
| Above 5,600,000 | 1,610,000 | 45% |
Corporate Tax Rates
| Entity | Rate |
|---|---|
| Public / Private Company | 29% |
| Small Company | 20% |
| Banking Company | 39% |
Withholding Tax — Key Rates (Filer vs Non-Filer)
| Transaction | Filer | Non-Filer |
|---|---|---|
| Sale of immovable property (Sec 236C) | 3% | 6% |
| Purchase of immovable property (Sec 236K) | 3% | 10.5% |
| Profit on bank deposits (Sec 151) | 15% | 30% |
| Dividend income (Sec 150) | 15% | 30% |
| Contracts — supply of goods (Sec 153) | 4% | 8% |
| Contracts — services (Sec 153) | 3% | 6% |
| Electricity bill above PKR 25,000/month | 7.5% | 15% |
| Cash withdrawal above PKR 50,000/day | Exempt | 0.6% |
| Rent of immovable property (Sec 155) | 15% | 30% |
Capital Gains Tax — Immovable Property
| Holding Period | Open Plot | Constructed Property |
|---|---|---|
| Less than 1 year | 15% | 15% |
| 1 to 2 years | 12.5% | 10% |
| 2 to 3 years | 10% | 7.5% |
| 3 to 4 years | 7.5% | 5% |
| 4 to 5 years | 5% | 2.5% |
| 5 to 6 years | 2.5% | 0% |
| More than 6 years | 0% | 0% |
Sales Tax Rates
| Category | Rate |
|---|---|
| Standard rate | 18% |
| Punjab Sales Tax on Services (PRA) | 16% |
| Sindh Sales Tax on Services (SRB) | 13% |
| KPK Sales Tax on Services (KPRA) | 15% |
| Balochistan Sales Tax on Services (BRA) | 15% |
Tax Year 2023 (July 2022 - June 2023)
Finance Act 2022 — FBR Official Rates
Salaried Individuals — Income Tax Slabs
| Taxable Income (PKR) | Fixed Tax | Rate on Excess |
|---|---|---|
| Up to 600,000 | Nil | 0% |
| 600,001 to 1,200,000 | Nil | 2.5% |
| 1,200,001 to 2,400,000 | 15,000 | 12.5% |
| 2,400,001 to 3,600,000 | 165,000 | 20% |
| 3,600,001 to 6,000,000 | 405,000 | 25% |
| 6,000,001 to 12,000,000 | 1,005,000 | 32.5% |
| Above 12,000,000 | 2,955,000 | 35% |
Non-Salaried Individuals / AOP — Income Tax Slabs
| Taxable Income (PKR) | Fixed Tax | Rate on Excess |
|---|---|---|
| Up to 600,000 | Nil | 0% |
| 600,001 to 1,200,000 | Nil | 15% |
| 1,200,001 to 2,400,000 | 90,000 | 20% |
| 2,400,001 to 3,000,000 | 330,000 | 25% |
| 3,000,001 to 4,000,000 | 480,000 | 30% |
| Above 4,000,000 | 780,000 | 35% |
Corporate Tax Rates
| Entity | Rate |
|---|---|
| Public / Private Company | 29% |
| Small Company | 20% |
| Banking Company | 39% |
Withholding Tax — Key Rates (Filer vs Non-Filer)
| Transaction | Filer | Non-Filer |
|---|---|---|
| Sale of immovable property (Sec 236C) | 2% | 4% |
| Purchase of immovable property (Sec 236K) | 2% | 7% |
| Profit on bank deposits (Sec 151) | 15% | 30% |
| Dividend income (Sec 150) | 15% | 30% |
| Contracts — supply of goods (Sec 153) | 4% | 8% |
| Contracts — services (Sec 153) | 3% | 6% |
| Cash withdrawal above PKR 50,000/day | Exempt | 0.6% |
| Rent of immovable property (Sec 155) | 15% | 30% |
Sales Tax Rates
| Category | Rate |
|---|---|
| Standard rate | 17% |
| Punjab Sales Tax on Services (PRA) | 16% |
| Sindh Sales Tax on Services (SRB) | 13% |
| KPK Sales Tax on Services (KPRA) | 15% |
| Balochistan Sales Tax on Services (BRA) | 15% |
Tax Year 2022 (July 2021 - June 2022)
Finance Act 2021 — FBR Official Rates
Salaried Individuals — Income Tax Slabs
| Taxable Income (PKR) | Fixed Tax | Rate on Excess |
|---|---|---|
| Up to 600,000 | Nil | 0% |
| 600,001 to 1,200,000 | Nil | 5% |
| 1,200,001 to 1,800,000 | 30,000 | 10% |
| 1,800,001 to 2,500,000 | 90,000 | 15% |
| 2,500,001 to 3,500,000 | 195,000 | 17.5% |
| 3,500,001 to 5,000,000 | 370,000 | 20% |
| 5,000,001 to 8,000,000 | 670,000 | 22.5% |
| 8,000,001 to 12,000,000 | 1,345,000 | 25% |
| 12,000,001 to 30,000,000 | 2,345,000 | 27.5% |
| 30,000,001 to 50,000,000 | 7,295,000 | 30% |
| Above 50,000,000 | 13,295,000 | 35% |
Non-Salaried Individuals / AOP — Income Tax Slabs
| Taxable Income (PKR) | Fixed Tax | Rate on Excess |
|---|---|---|
| Up to 600,000 | Nil | 0% |
| 600,001 to 1,200,000 | Nil | 10% |
| 1,200,001 to 2,400,000 | 60,000 | 15% |
| 2,400,001 to 3,600,000 | 240,000 | 20% |
| 3,600,001 to 6,000,000 | 480,000 | 25% |
| Above 6,000,000 | 1,080,000 | 35% |
Withholding Tax — Key Rates (Filer vs Non-Filer)
| Transaction | Filer | Non-Filer |
|---|---|---|
| Sale of immovable property (Sec 236C) | 2% | 4% |
| Purchase of immovable property (Sec 236K) | 2% | 7% |
| Profit on bank deposits (Sec 151) | 15% | 30% |
| Dividend income (Sec 150) | 15% | 30% |
| Contracts — supply of goods (Sec 153) | 4% | 8% |
| Contracts — services (Sec 153) | 3% | 6% |
| Cash withdrawal above PKR 50,000/day | Exempt | 0.6% |
Sales Tax
| Category | Rate |
|---|---|
| Standard rate | 17% |
| Punjab Sales Tax on Services (PRA) | 16% |
| Sindh Sales Tax on Services (SRB) | 13% |
Tax Year 2021 (July 2020 - June 2021)
Finance Act 2020 — FBR Official Rates
Salaried Individuals — Income Tax Slabs
| Taxable Income (PKR) | Fixed Tax | Rate on Excess |
|---|---|---|
| Up to 600,000 | Nil | 0% |
| 600,001 to 1,200,000 | Nil | 5% |
| 1,200,001 to 1,800,000 | 30,000 | 10% |
| 1,800,001 to 2,500,000 | 90,000 | 15% |
| 2,500,001 to 3,500,000 | 195,000 | 17.5% |
| 3,500,001 to 5,000,000 | 370,000 | 20% |
| 5,000,001 to 8,000,000 | 670,000 | 22.5% |
| 8,000,001 to 12,000,000 | 1,345,000 | 25% |
| Above 12,000,000 | 2,345,000 | 35% |
Non-Salaried Individuals / AOP — Income Tax Slabs
| Taxable Income (PKR) | Fixed Tax | Rate on Excess |
|---|---|---|
| Up to 400,000 | Nil | 0% |
| 400,001 to 600,000 | Nil | 5% |
| 600,001 to 1,200,000 | 10,000 | 10% |
| 1,200,001 to 2,400,000 | 70,000 | 15% |
| 2,400,001 to 3,000,000 | 250,000 | 20% |
| Above 3,000,000 | 370,000 | 25% |
Withholding Tax — Key Rates (Filer vs Non-Filer)
| Transaction | Filer | Non-Filer |
|---|---|---|
| Sale of immovable property (Sec 236C) | 1% | 2% |
| Purchase of immovable property (Sec 236K) | 2% | 4% |
| Profit on bank deposits (Sec 151) | 15% | 30% |
| Dividend income (Sec 150) | 15% | 30% |
| Contracts — supply of goods (Sec 153) | 4% | 8% |
| Contracts — services (Sec 153) | 3% | 6% |
| Cash withdrawal above PKR 50,000/day | Exempt | 0.6% |
Sales Tax
| Category | Rate |
|---|---|
| Standard rate | 17% |
| Punjab Sales Tax on Services (PRA) | 16% |
| Sindh Sales Tax on Services (SRB) | 13% |
Tax Year 2020 (July 2019 - June 2020)
Finance Act 2019 — FBR Official Rates
Salaried Individuals — Income Tax Slabs
| Taxable Income (PKR) | Fixed Tax | Rate on Excess |
|---|---|---|
| Up to 600,000 | Nil | 0% |
| 600,001 to 1,200,000 | Nil | 5% |
| 1,200,001 to 1,800,000 | 30,000 | 10% |
| 1,800,001 to 2,500,000 | 90,000 | 15% |
| 2,500,001 to 3,500,000 | 195,000 | 17.5% |
| 3,500,001 to 5,000,000 | 370,000 | 20% |
| 5,000,001 to 8,000,000 | 670,000 | 22.5% |
| 8,000,001 to 12,000,000 | 1,345,000 | 25% |
| Above 12,000,000 | 2,345,000 | 30% |
Non-Salaried Individuals / AOP — Income Tax Slabs
| Taxable Income (PKR) | Fixed Tax | Rate on Excess |
|---|---|---|
| Up to 400,000 | Nil | 0% |
| 400,001 to 600,000 | Nil | 5% |
| 600,001 to 1,200,000 | 10,000 | 10% |
| 1,200,001 to 2,400,000 | 70,000 | 15% |
| 2,400,001 to 3,000,000 | 250,000 | 20% |
| Above 3,000,000 | 370,000 | 25% |
Withholding Tax — Key Rates (Filer vs Non-Filer)
| Transaction | Filer | Non-Filer |
|---|---|---|
| Sale of immovable property (Sec 236C) | 1% | 2% |
| Purchase of immovable property (Sec 236K) | 2% | 4% |
| Profit on bank deposits (Sec 151) | 15% | 30% |
| Dividend income (Sec 150) | 15% | 30% |
| Contracts — supply of goods (Sec 153) | 4% | 8% |
| Contracts — services (Sec 153) | 3% | 6% |
Sales Tax
| Category | Rate |
|---|---|
| Standard rate | 17% |
| Punjab Sales Tax on Services (PRA) | 16% |
| Sindh Sales Tax on Services (SRB) | 13% |
Tax Year 2019 (July 2018 - June 2019)
Finance Act 2018 — FBR Official Rates
Salaried Individuals — Income Tax Slabs
| Taxable Income (PKR) | Tax Rate |
|---|---|
| Up to 400,000 | 0% |
| 400,001 to 800,000 | 2% |
| 800,001 to 1,200,000 | 5% |
| 1,200,001 to 2,400,000 | 10% |
| 2,400,001 to 4,800,000 | 15% |
| Above 4,800,000 | 20% |
Non-Salaried Individuals / AOP — Income Tax Slabs
| Taxable Income (PKR) | Tax Rate |
|---|---|
| Up to 400,000 | 0% |
| 400,001 to 500,000 | 2% |
| 500,001 to 750,000 | 5% |
| 750,001 to 1,500,000 | 10% |
| 1,500,001 to 2,500,000 | 15% |
| 2,500,001 to 4,000,000 | 20% |
| 4,000,001 to 6,000,000 | 25% |
| 6,000,001 to 8,000,000 | 30% |
| Above 8,000,000 | 35% |
Withholding Tax — Key Rates (Filer vs Non-Filer)
| Transaction | Filer | Non-Filer |
|---|---|---|
| Sale of immovable property (Sec 236C) | 1% | 2% |
| Purchase of immovable property (Sec 236K) | 2% | 4% |
| Profit on bank deposits (Sec 151) | 15% | 30% |
| Dividend income (Sec 150) | 12.5% | 25% |
| Contracts — supply of goods (Sec 153) | 4% | 8% |
| Contracts — services (Sec 153) | 3% | 6% |
Sales Tax
| Category | Rate |
|---|---|
| Standard rate | 17% |
| Punjab Sales Tax on Services (PRA) | 16% |
| Sindh Sales Tax on Services (SRB) | 13% |
Tax Year 2018 (July 2017 - June 2018)
Finance Act 2017 — FBR Official Rates
Salaried Individuals — Income Tax Slabs
| Taxable Income (PKR) | Tax Rate |
|---|---|
| Up to 400,000 | 0% |
| 400,001 to 500,000 | 2% |
| 500,001 to 750,000 | 5% |
| 750,001 to 1,400,000 | 10% |
| 1,400,001 to 1,500,000 | 12.5% |
| 1,500,001 to 1,800,000 | 15% |
| 1,800,001 to 2,500,000 | 17.5% |
| 2,500,001 to 3,000,000 | 20% |
| 3,000,001 to 3,500,000 | 22.5% |
| 3,500,001 to 4,000,000 | 25% |
| 4,000,001 to 7,000,000 | 27.5% |
| Above 7,000,000 | 30% |
Non-Salaried Individuals / AOP — Income Tax Slabs
| Taxable Income (PKR) | Tax Rate |
|---|---|
| Up to 400,000 | 0% |
| 400,001 to 500,000 | 7% |
| 500,001 to 750,000 | 10% |
| 750,001 to 1,500,000 | 15% |
| 1,500,001 to 2,500,000 | 20% |
| 2,500,001 to 4,000,000 | 25% |
| 4,000,001 to 6,000,000 | 30% |
| Above 6,000,000 | 35% |
Withholding Tax — Key Rates (Filer vs Non-Filer)
| Transaction | Filer | Non-Filer |
|---|---|---|
| Sale of immovable property (Sec 236C) | 1% | 2% |
| Purchase of immovable property (Sec 236K) | 2% | 4% |
| Profit on bank deposits (Sec 151) | 15% | 30% |
| Dividend income (Sec 150) | 12.5% | 25% |
| Contracts — supply of goods (Sec 153) | 4% | 8% |
| Contracts — services (Sec 153) | 3% | 6% |
Sales Tax
| Category | Rate |
|---|---|
| Standard rate | 17% |
| Punjab Sales Tax on Services (PRA) | 16% |
| Sindh Sales Tax on Services (SRB) | 13% |
These tax cards are prepared for general guidance only based on FBR official rates. Rates are subject to change through Finance Acts, SROs, and FBR circulars.
The original statute (Income Tax Ordinance, 2001 as amended) shall always prevail. This card may not be used as a legal document.
For accurate tax advice tailored to your situation, contact Tipu Associates at info@tipuassociates.com | +92 42 111 921 010