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Where the taxable salary income exceeds Rs. 6,000,000, the rate of income tax is Rs. 1,095,000 + 35% of the amount exceeding Rs. 6,000,000. Explore Income Tax Slabs for 2023-24. Get detailed information on tax rates and brackets to ensure accurate tax calculations.
As per Federal Budget 2023-2024 presented by Government of Pakistan, 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 rate of income tax is 0%.
30 maj 2023 · This salary tax calculator for year 2023 - 2024 will help you to calculate your payable income tax. You'll learn about tax calculations with charts.
Our Pakistan Salary Tax Calculator offers precise and up-to-date tax calculations for individuals in Pakistan. With our easy interface, effortlessly calculate your income tax based on the latest tax slabs and rates.
2023 VAT Calculator. 2023 Reverse VAT Calculator. 2023 Income Tax Calculator. Pakistan Personal Income Tax Tables in 2023. The Income tax rates and personal allowances in Pakistan are updated annually with new tax tables published for Resident and Non-resident taxpayers.
The income tax rate in Pakistan ranges from 5% to 35% depending on the individual's or company's income bracket. The income tax is calculated on the basis of the taxable income, which is the income earned after deducting expenses and exemptions.