Tax slabs 2021-22 pakistan pdf
WebJun 20, 2024 · Where taxable income exceeds Rs.2,500,000 but does not exceed Rs. 3,500,000: the tax rate is Rs. 195,000 plus 17.5% of the amount exceeding Rs. … WebApr 1, 2024 · Salary Tax Slabs 2024 – 2024 Salary income is under PRK 600,000 Salary income exceeds PRK 600,000 but is under PRK 1,200,000 Salary income exceeds PRK …
Tax slabs 2021-22 pakistan pdf
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http://www.finance.gov.pk/budget/Budget_2024_22/Tax_Expenditure_Report_2024_22.pdf WebFeb 22, 2024 · The Amendment Ordinance has added a new clause (5AC) in Part II to the Second Schedule, whereby, withholding tax under sections 151 and 152(2) of the …
WebJun 11, 2024 · For income below Rs600,000 per year (Rs50,000 per month) — no tax. Those earning Rs600,000 to Rs1.2m per year (Rs50,000 to Rs100,000 per month) will pay a tax of 2.5pc of the amount exceeding ... Webdownload1.fbr.gov.pk
Web12 rows · 1. Income Tax Ordinance, 2001 amended up to 30th June 2024. 2. Income Tax Ordinance, 2001 updated upto 30 June 2024. 3. Income Tax Ordinance, 2001 amended … WebBudget Budget 2024-21 2024-22 A. 4,963,000 5,829,000 I. 2,043,000 2,182,000 - 2,032,557 Income Tax 2,171,839 - 3,969Workers Welfare Fund 8,054 - 3,750Workers' Profit …
WebA higher Income Tax Slab rate for AY 2024-23 at 20% is applicable to individuals who earn over Rs. 5 lakhs but less than Rs 10 lakh per annum under the old tax regime. The new tax regime has different income tax slabs and rates for income over Rs. 5 lakh to Rs. 7.5 lakh and over Rs. 7.5 lakh to Rs. 10 lakh for FY 2024-22.
WebOct 14, 2024 · October 14, 2024 The tax rates for individuals and Association of Persons (AOPs) for tax year 2024 under the First Schedule of the Income Tax Ordinance, 2001. The Federal Board of Revenue (FBR) issued the Income Tax Ordinance, 2001 updated up to June 30, 2024. The Ordinance incorporated amendments brought through Finance Act, … marie folding clothesWebAssessment Year 2024-22 and Assessment Year 2024-23 Taxable income Tax Rate Up to Rs. 10,000 10% Rs. 10,000 to Rs. 20,000 20% Above Rs. 20,000 30% Special tax rates … naturalistic paver patioWebApr 10, 2024 · 10% of income tax, where total income exceeds Rs.50 lakh up to Rs.1 crore. 15% of income tax, where the total income exceeds Rs.1 crore. Income tax slab for Individual aged more than 80 years NOTE: Income tax exemption limit is up to Rs. 5 lakh for super senior citizen aged above 80 years. marie flowers cwmbranWebIncome Tax Rates applicable on various sectors of economy in Pakistan under the Income Tax Ordinance, 2001 as a Tax Card Booklet. While developing this card, efforts have … marie folding methodWebLatest Income Tax Slab Rates in Pakistan. In the federal budget for FY 2024-23, initially, the government proposed exempting salaried class earning up to PKR 100,000 per month from income tax — increasing the threshold from PKR 50,000 per month, which was set in the previous budget. However, after the International Monetary Fund (IMF ... marie force book list by seriesWebJan 17, 2024 · 2. Income exceeds PKR 250 million but does not exceed PKR 300 million. 3. Where income exceeds PKR 300 million. 4. Enhanced super tax rate of 10% is applicable for certain specified sectors for tax year 2024 or 2024 only. For detail, please refer to ‘Taxes on corporate income’ section. The taxpayers shall be required to pay this tax along ... naturalistic pediatric care north spokaneWebBudget Proposals for Tax Year: 2024-22. Sales Tax & Federal Excise Budget Proposals. Income Tax Budget Proposals. naturalistic performance style