Monday, 29 December 2014

Rate card for calculating gross income tax on the taxable income from salary in Pakistan


Rate card for calculating gross income tax on the taxable income from salary, excluding flying and submarine allowance
Tax Year 2014 (FBR)


Taxable income between Rate of tax
Rs. 0 and Rs. 400,000 0%
Rs. 400,001 and Rs. 750,000 5% of the amount exceeding Rs. 400,000
Rs. 750,001 and Rs. 1,400,000 Rs. 17,500 plus 10% of the amount exceeding Rs. 750,000
Rs. 1,400,001 and Rs. 1,500,000 Rs. 82,500 plus 12.50% of the amount exceeding Rs. 1,400,000
Rs. 1,500,001 and Rs. 1,800,000 Rs. 95,000 plus 15% of the amount exceeding Rs. 1,500,000
Rs. 1,800,001 and Rs. 2,500,000 Rs. 140,000 plus 17.5% of the amount exceeding Rs. 1,800,000
Rs. 2,500,001 and Rs. 3,000,000 Rs. 262,500 plus 20% of the amount exceeding Rs. 2,50,000
Rs. 3,000,001 and Rs. 3,500,000 Rs. 362,500 plus 22.50% of the amount exceeding Rs.3,000,000
Rs. 3,500,001 and Rs. 4,000,000 Rs. 475,000 plus 25% of the amount exceeding Rs.3,500,000
Rs. 4,000,001 and Rs. 7,000,000 Rs. 600,000 plus 27.50% of the amount exceeding Rs.4,000,000
Exceeds Rs. 7,000,000 Rs. 1,425,000 plus 30% of the amount exceeding Rs. 7,000,000

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