Incom Tax Slabs: Individuals' tax on salaries

Slabs

Income Tax Slabs for Salaried Individuals in Pakistan (2024-2025)

The finalized income tax slabs for the fiscal year 2024-2025 have been introduced under the Finance Act 2024. Notably, the tax rate for individuals earning between Rs. 600,000 and Rs. 1,200,000 per year has increased to 5%.

The number of tax slabs remains the same as the previous year, but the overall tax burden on the salaried class has increased.

Updated Income Tax Slabs - 2025

As per the latest income tax regulations for the year 2024-2025, the following slabs and income tax rates will be applicable for salaried persons:

Where the taxable salary income does not exceed Rs. 600,000, the rate of income tax is 0%.
Where the taxable salary income exceeds Rs. 600,000 but does not exceed Rs. 1,200,000, the rate of income tax is 5% of the amount exceeding Rs. 600,000.
Where the taxable salary income exceeds Rs. 1,200,000 but does not exceed Rs. 2,200,000, the rate of income tax is Rs. 30,000 + 15% of the amount exceeding Rs. 1,200,000.
Where the taxable salary income exceeds Rs. 2,200,000 but does not exceed Rs. 3,200,000, the rate of income tax is Rs. 180,000 + 25% of the amount exceeding Rs. 2,200,000.
Where the taxable salary income exceeds Rs. 3,200,000 but does not exceed Rs. 4,100,000, the rate of income tax is Rs. 430,000 + 30% of the amount exceeding Rs. 3,200,000.
Where the taxable salary income exceeds Rs. 4,100,000, the rate of income tax is Rs. 700,000 + 35% of the amount exceeding Rs. 4,100,000.

Income Tax Slabs - 2024

As per the Federal Budget 2023-2024 presented by the Government of Pakistan, the following slabs and income tax rates will be applicable for salaried persons for the year 2023-2024:

Where the taxable salary income does not exceed Rs. 600,000, the income tax rate is 0%.
Where the taxable salary income exceeds Rs. 600,000 but does not exceed Rs. 1,200,000, the income tax rate is 2.5% of the amount exceeding Rs. 600,000.
Where the taxable salary income exceeds Rs. 1,200,000 but does not exceed Rs. 2,400,000, the income tax rate is Rs. 15,000 + 12.5% of the amount exceeding Rs. 1,200,000.
Where the taxable salary income exceeds Rs. 2,400,000 but does not exceed Rs. 3,600,000, the rate of income tax is Rs. 165,000 + 22.5% of the amount exceeding Rs. 2,400,000.
Where the taxable salary income exceeds Rs. 3,600,000 but does not exceed Rs. 6,000,000, the income tax rate is Rs. 435,000 + 27.5% of the amount exceeding Rs. 3,600,000.
Where the taxable salary income exceeds Rs. 6,000,000, the income tax rate is Rs. 1,095,000 + 35% of the amount exceeding Rs. 6,000,000.

Income Tax Slabs - 2023

As per the Federal Budget 2022-2023 presented by the Government of Pakistan, the following slabs and income tax rates will be applicable for salaried persons for the year 2022-2023:

Where the taxable salary income does not exceed Rs. 600,000 the rate of income tax is 0%.
Where the taxable salary income exceeds Rs. 600,000 but does not exceed Rs. 1,200,000, the rate of income tax is 2.5% of the amount exceeding Rs. 600,000
Where the taxable salary income exceeds Rs. 1,200,000 but does not exceed Rs. 2,400,000, the rate of income tax is Rs. 15,000+12.5% of the amount exceeding Rs. 1,200,000.
Where the taxable salary income exceeds Rs. 2,400,000 but does not exceed Rs. 3,600,000, the income tax rate is Rs. 165,000 + 20% of the amount exceeding Rs. 2,400,000.
Where the taxable salary income exceeds Rs. 3,600,000 but does not exceed Rs. 6,000,000, the income tax rate is Rs. 405,000 + 25% of the amount exceeding Rs. 3,600,000.
Where the taxable salary income exceeds Rs. 6,000,000 but does not exceed Rs. 12,000,000, the rate of income tax is Rs. 1,005,000 + 32.5% of the amount exceeding Rs. 6,000,000.
Where the taxable salary income exceeds Rs. 12,000,000, the rate of income tax is Rs. 2,955,000 + 35% of the amount exceeding Rs. 12,000,000.

Income Tax Slabs - 2022

As per the Federal Budget 2021-2022 presented by the Government of Pakistan, the following slabs and income tax rates will be applicable for salaried persons for the year 2021-2022:

Where the taxable salary income does not exceed Rs. 600,000, the income tax rate is 0%.
Where the taxable salary income exceeds Rs. 600,000 but does not exceed Rs. 1,200,000, the income tax rate is 5% of the amount exceeding Rs. 600,000.
Where the taxable salary income exceeds Rs. 1,200,000 but does not exceed Rs. 1,800,000, the income tax rate is Rs. 30,000 + 10% of the amount exceeding Rs. 1,200,000.
Where the taxable salary income exceeds Rs. 1,800,000 but does not exceed Rs. 2,500,000, the income tax rate is Rs. 90,000 + 15% of the amount exceeding Rs. 1,800,000.
Where the taxable salary income exceeds Rs. 2,500,000 but does not exceed Rs. 3,500,000, the income tax rate is Rs. 195,000 + 17.5% of the amount exceeding Rs. 2,500,000.
Where the taxable salary income exceeds Rs. 3,500,000 but does not exceed Rs. 5,000,000, the income tax rate is Rs. 370,000 + 20% of the amount exceeding Rs. 3,500,000.
Where the taxable salary income exceeds Rs. 5,000,000 but does not exceed Rs. 8,000,000, the income tax rate is Rs. 670,000 + 22.5% of the amount exceeding Rs. 5,000,000.
Where the taxable salary income exceeds Rs. 8,000,000 but does not exceed Rs. 12,000,000, the income tax rate is Rs. 1,345,000 + 25% of the amount exceeding Rs. 8,000,000.
Where the taxable salary income exceeds Rs. 12,000,000 but does not exceed Rs. 30,000,000, the income tax rate is Rs. 2,345,000 + 27.5% of the amount exceeding Rs. 12,000,000.
Where the taxable salary income exceeds Rs. 30,000,000 but does not exceed Rs. 50,000,000, the income tax rate is Rs. 7,295,000 + 30% of the amount exceeding Rs. 30,000,000.
Where the taxable salary income exceeds Rs. 50,000,000 but does not exceed Rs. 75,000,000, the income tax rate is Rs. 13,295,000 + 32.5% of the amount exceeding Rs. 50,000,000.
Where the taxable salary income exceeds Rs. 75,000,000, the income tax rate is Rs. 21,420,000 + 35% of the amount exceeding Rs. 75,000,000.

Income Tax Slabs - 2021

As per Federal Budget 2020-2021 presented by the Government of Pakistan, the following slabs and income tax rates will be applicable for salaried persons for the year 2020-2021:

Where the taxable salary income does not exceed Rs. 600,000, the rate of income tax is 0%.
Where the taxable salary income exceeds Rs. 600,000 but does not exceed Rs. 1,200,000, the rate of income tax is 5% of the amount exceeding Rs. 600,000.
Where the taxable salary income exceeds Rs. 1,200,000 but does not exceed Rs. 1,800,000, the rate of income tax is Rs. 30,000 + 10% of the amount exceeding Rs. 1,200,000.
Where the taxable salary income exceeds Rs. 1,800,000 but does not exceed Rs. 2,500,000, the rate of income tax is Rs. 90,000 + 15% of the amount exceeding Rs. 1,800,000.
Where the taxable salary income exceeds Rs. 2,500,000 but does not exceed Rs. 3,500,000, the rate of income tax is Rs. 195,000 + 17.5% of the amount exceeding Rs. 2,500,000.
Where the taxable salary income exceeds Rs. 3,500,000 but does not exceed Rs. 5,000,000, the rate of income tax is Rs. 370,000 + 20% of the amount exceeding Rs. 3,500,000.
Where the taxable salary income exceeds Rs. 5,000,000 but does not exceed Rs. 8,000,000, the rate of income tax is Rs. 670,000 + 22.5% of the amount exceeding Rs. 5,000,000.
Where the taxable salary income exceeds Rs. 8,000,000 but does not exceed Rs. 12,000,000, the rate of income tax is Rs. 1,345,000 + 25% of the amount exceeding Rs. 8,000,000.
Where the taxable salary income exceeds Rs. 12,000,000 but does not exceed Rs. 30,000,000, the rate of income tax is Rs. 2,345,000 + 27.5% of the amount exceeding Rs. 12,000,000.
Where the taxable salary income exceeds Rs. 30,000,000 but does not exceed Rs. 50,000,000, the rate of income tax is Rs. 7,295,000 + 30% of the amount exceeding Rs. 30,000,000.
Where the taxable salary income exceeds Rs. 50,000,000 but does not exceed Rs. 75,000,000, the rate of income tax is Rs. 13,295,000 + 32.5% of the amount exceeding Rs. 50,000,000.
Where the taxable salary income exceeds Rs. 75,000,000, the rate of income tax is Rs. 21,420,000 + 35% of the amount exceeding Rs. 75,000,000.

Income Tax Slabs - 2020

As per Federal Budget 2019-2020 presented by the Government of Pakistan, the following slabs and income tax rates will be applicable for salaried persons for the year 2019-2020:

Where the taxable salary income does not exceed Rs. 600,000, the rate of income tax is 0%.
Where the taxable salary income exceeds Rs. 600,000 but does not exceed Rs. 1,200,000, the rate of income tax is 5% of the amount exceeding Rs. 600,000.
Where the taxable salary income exceeds Rs. 1,200,000 but does not exceed Rs. 1,800,000, the rate of income tax is Rs. 30,000 + 10% of the amount exceeding Rs. 1,200,000.
Where the taxable salary income exceeds Rs. 1,800,000 but does not exceed Rs. 2,500,000, the rate of income tax is Rs. 90,000 + 15% of the amount exceeding Rs. 1,800,000.
Where the taxable salary income exceeds Rs. 2,500,000 but does not exceed Rs. 3,500,000, the rate of income tax is Rs. 195,000 + 17.5% of the amount exceeding Rs. 2,500,000.
Where the taxable salary income exceeds Rs. 3,500,000 but does not exceed Rs. 5,000,000, the rate of income tax is Rs. 370,000 + 20% of the amount exceeding Rs. 3,500,000.
Where the taxable salary income exceeds Rs. 5,000,000 but does not exceed Rs. 8,000,000, the rate of income tax is Rs. 670,000 + 22.5% of the amount exceeding Rs. 5,000,000.
Where the taxable salary income exceeds Rs. 8,000,000 but does not exceed Rs. 12,000,000, the rate of income tax is Rs. 1,345,000 + 25% of the amount exceeding Rs. 8,000,000.
Where the taxable salary income exceeds Rs. 12,000,000 but does not exceed Rs. 30,000,000, the rate of income tax is Rs. 2,345,000 + 27.5% of the amount exceeding Rs. 12,000,000.
Where the taxable salary income exceeds Rs. 30,000,000 but does not exceed Rs. 50,000,000, the rate of income tax is Rs. 7,295,000 + 30% of the amount exceeding Rs. 30,000,000.
Where the taxable salary income exceeds Rs. 50,000,000 but does not exceed Rs. 75,000,000, the rate of income tax is Rs. 13,295,000 + 32.5% of the amount exceeding Rs. 50,000,000.
Where the taxable salary income exceeds Rs. 75,000,000, the rate of income tax is Rs. 21,420,000 + 35% of the amount exceeding Rs. 75,000,000.

Income Tax Slabs - 2019

As per Federal Budget 2018-2019 presented by the Government of Pakistan, the following slabs and income tax rates will be applicable for salaried persons for the year 2018-2019:

Where the taxable salary income does not exceed Rs. 400,000, the rate of income tax is 0%.
Where the taxable salary income exceeds Rs. 400,000 but does not exceed Rs. 800,000, the rate of income tax is Rs. 1,000.
Where the taxable salary income exceeds Rs. 800,000 but does not exceed Rs. 1,200,000, the rate of income tax is Rs. 2,000.
Where the taxable salary income exceeds Rs. 1,200,000 but does not exceed Rs. 2,500,000, the rate of income tax is 5% of the amount exceeding Rs. 1,200,000 or Rs. 2,000, whichever is greater.
Where the taxable salary income exceeds Rs. 2,500,000 but does not exceed Rs. 4,000,000, the rate of income tax is Rs. 65,000 + 15% of the amount exceeding Rs. 2,500,000.
Where the taxable salary income exceeds Rs. 4,000,000 but does not exceed Rs. 8,000,000, the rate of income tax is Rs. 290,000 + 20% of the amount exceeding Rs. 4,000,000.
Where the taxable salary income exceeds Rs. 8,000,000, the rate of income tax is Rs. 1,090,000 + 25% of the amount exceeding Rs. 4,800,000.

Income Tax Slabs - 2018

As per Federal Budget 2017-2018 presented by the Government of Pakistan, the following slabs and income tax rates will be applicable for salaried persons for the year 2017-2018:

Where the taxable salary income does not exceed Rs. 400,000, the rate of income tax is 0%.
Where the taxable salary income exceeds Rs. 400,000 but does not exceed Rs. 500,000, the rate of income tax is 2% of the amount exceeding Rs. 400,000.
Where the taxable salary income exceeds Rs. 500,000 but does not exceed Rs. 750,000, the rate of income tax is Rs. 2,000 + 5% of the amount exceeding Rs. 500,000.
Where the taxable salary income exceeds Rs. 750,000 but does not exceed Rs. 1,400,000, the rate of income tax is Rs. 14,500 + 10% of the amount exceeding Rs. 750,000.
Where the taxable salary income exceeds Rs. 1,400,000 but does not exceed Rs. 1,500,000, the rate of income tax is Rs. 79,500 + 12.5% of the amount exceeding Rs. 1,400,000.
Where the taxable salary income exceeds Rs. 1,500,000 but does not exceed Rs. 1,800,000, the rate of income tax is Rs. 92,000 + 15% of the amount exceeding Rs. 1,500,000.
Where the taxable salary income exceeds Rs. 1,800,000 but does not exceed Rs. 2,500,000, the rate of income tax is Rs. 137,000 + 17.5% of the amount exceeding Rs. 1,800,000.
Where the taxable salary income exceeds Rs. 2,500,000 but does not exceed Rs. 3,000,000, the rate of income tax is Rs. 259,500 + 20% of the amount exceeding Rs. 2,500,000.
Where the taxable salary income exceeds Rs. 3,000,000 but does not exceed Rs. 3,500,000, the rate of income tax is Rs. 359,500 + 22.5% of the amount exceeding Rs. 3,000,000.
Where the taxable salary income exceeds Rs. 3,500,000 but does not exceed Rs. 4,000,000, the rate of income tax is Rs. 472,000 + 25% of the amount exceeding Rs. 3,500,000.
Where the taxable salary income exceeds Rs. 4,000,000 but does not exceed Rs. 7,000,000, the rate of income tax is Rs. 597,000 + 27.5% of the amount exceeding Rs. 4,000,000.
Where the taxable salary income exceeds Rs. 7,000,000, the rate of income tax is Rs. 1,422,000 + 30% of the amount exceeding Rs. 7,000,000.

Income Tax Slabs - 2017

As per Federal Budget 2016-2017 presented by the Government of Pakistan, the following slabs and income tax rates will be applicable for salaried persons for the year 2016-2017:

Where the taxable salary income does not exceed Rs. 400,000, the rate of income tax is 0%.
Where the taxable salary income exceeds Rs. 400,000 but does not exceed Rs. 500,000, the rate of income tax is 2% of the amount exceeding Rs. 400,000.
Where the taxable salary income exceeds Rs. 500,000 but does not exceed Rs. 750,000, the rate of income tax is Rs. 2,000 + 5% of the amount exceeding Rs. 500,000.
Where the taxable salary income exceeds Rs. 750,000 but does not exceed Rs. 1,400,000, the rate of income tax is Rs. 14,500 + 10% of the amount exceeding Rs. 750,000.
Where the taxable salary income exceeds Rs. 1,400,000 but does not exceed Rs. 1,500,000, the rate of income tax is Rs. 79,500 + 12.5% of the amount exceeding Rs. 1,400,000.
Where the taxable salary income exceeds Rs. 1,500,000 but does not exceed Rs. 1,800,000, the rate of income tax is Rs. 92,000 + 15% of the amount exceeding Rs. 1,500,000.
Where the taxable salary income exceeds Rs. 1,800,000 but does not exceed Rs. 2,500,000, the rate of income tax is Rs. 137,000 + 17.5% of the amount exceeding Rs. 1,800,000.
Where the taxable salary income exceeds Rs. 2,500,000 but does not exceed Rs. 3,000,000, the rate of income tax is Rs. 259,500 + 20% of the amount exceeding Rs. 2,500,000.
Where the taxable salary income exceeds Rs. 3,000,000 but does not exceed Rs. 3,500,000, the rate of income tax is Rs. 359,500 + 22.5% of the amount exceeding Rs. 3,000,000.
Where the taxable salary income exceeds Rs. 3,500,000 but does not exceed Rs. 4,000,000, the rate of income tax is Rs. 472,000 + 25% of the amount exceeding Rs. 3,500,000.
Where the taxable salary income exceeds Rs. 4,000,000 but does not exceed Rs. 7,000,000, the rate of income tax is Rs. 597,000 + 27.5% of the amount exceeding Rs. 4,000,000.
Where the taxable salary income exceeds Rs. 7,000,000, the rate of income tax is Rs. 1,422,000 + 30% of the amount exceeding Rs. 7,000,000.

Income Tax Slabs - 2016

As per Federal Budget 2015-2016 presented by the Government of Pakistan, the following slabs and income tax rates will be applicable for salaried persons for the year 2015-2016:

Where the taxable salary income does not exceed Rs. 400,000, the rate of income tax is 0%.
Where the taxable salary income exceeds Rs. 400,000 but does not exceed Rs. 500,000, the rate of income tax is 2% of the amount exceeding Rs. 400,000.
Where the taxable salary income exceeds Rs. 500,000 but does not exceed Rs. 750,000, the rate of income tax is Rs. 2,000 + 5% of the amount exceeding Rs. 500,000.
Where the taxable salary income exceeds Rs. 750,000 but does not exceed Rs. 1,400,000, the rate of income tax is Rs. 14,500 + 10% of the amount exceeding Rs. 750,000.
Where the taxable salary income exceeds Rs. 1,400,000 but does not exceed Rs. 1,500,000, the rate of income tax is Rs. 79,500 + 12.5% of the amount exceeding Rs. 1,400,000.
Where the taxable salary income exceeds Rs. 1,500,000 but does not exceed Rs. 1,800,000, the rate of income tax is Rs. 92,000 + 15% of the amount exceeding Rs. 1,500,000.
Where the taxable salary income exceeds Rs. 1,800,000 but does not exceed Rs. 2,500,000, the rate of income tax is Rs. 137,000 + 17.5% of the amount exceeding Rs. 1,800,000.
Where the taxable salary income exceeds Rs. 2,500,000 but does not exceed Rs. 3,000,000, the rate of income tax is Rs. 259,500 + 20% of the amount exceeding Rs. 2,500,000.
Where the taxable salary income exceeds Rs. 3,000,000 but does not exceed Rs. 3,500,000, the rate of income tax is Rs. 359,500 + 22.5% of the amount exceeding Rs. 3,000,000.
Where the taxable salary income exceeds Rs. 3,500,000 but does not exceed Rs. 4,000,000, the rate of income tax is Rs. 472,000 + 25% of the amount exceeding Rs. 3,500,000.
Where the taxable salary income exceeds Rs. 4,000,000 but does not exceed Rs. 7,000,000, the rate of income tax is Rs. 597,000 + 27.5% of the amount exceeding Rs. 4,000,000.
Where the taxable salary income exceeds Rs. 7,000,000, the rate of income tax is Rs. 1,422,000 + 30% of the amount exceeding Rs. 7,000,000.

Income Tax Slabs - 2015

As per Federal Budget 2014-2015 presented by Government of Pakistan, following slabs and income tax rates will be applicable for salaried persons for the year 2014-2015:

Where the taxable salary income does not exceed Rs. 400,000, the rate of income tax is 0%.
Where the taxable salary income exceeds Rs. 400,000 but does not exceed Rs. 750,000, the rate of income tax is 5% of the amount exceeding Rs. 400,000.
Where the taxable salary income exceeds Rs. 750,000 but does not exceed Rs. 1,400,000, the rate of income tax is Rs. 17,500 + 10% of the amount exceeding Rs. 750,000.
Where the taxable salary income exceeds Rs. 1,400,000 but does not exceed Rs. 1,500,000, the rate of income tax is Rs. 82,500 + 12.5% of the amount exceeding Rs. 1,400,000.
Where the taxable salary income exceeds Rs. 1,500,000 but does not exceed Rs. 1,800,000, the rate of income tax is Rs. 95,000 + 15% of the amount exceeding Rs. 1,500,000.
Where the taxable salary income exceeds Rs. 1,800,000 but does not exceed Rs. 2,500,000, the rate of income tax is Rs. 140,000 + 17.5% of the amount exceeding Rs. 1,800,000.
Where the taxable salary income exceeds Rs. 2,500,000 but does not exceed Rs. 3,000,000, the rate of income tax is Rs. 262,500 + 20% of the amount exceeding Rs. 2,500,000.
Where the taxable salary income exceeds Rs. 3,000,000 but does not exceed Rs. 3,500,000, the rate of income tax is Rs. 362,500 + 22.5% of the amount exceeding Rs. 3,000,000.
Where the taxable salary income exceeds Rs. 3,500,000 but does not exceed Rs. 4,000,000, the rate of income tax is Rs. 475,000 + 25% of the amount exceeding Rs. 3,500,000.
Where the taxable salary income exceeds Rs. 4,000,000 but does not exceed Rs. 7,000,000, the rate of income tax is Rs. 600,000 + 27.5% of the amount exceeding Rs. 4,000,000.
Where the taxable salary income exceeds Rs. 7,000,000, the rate of income tax is Rs. 1,425,000 + 30% of the amount exceeding Rs. 7,000,000.