Tax rate on salary in Pakistan

Introduction The tax rate on salary in Pakistan is given in the Division I Part I of the First Schedule of the Income Tax Ordinance, 2001: Salary Income Rate Where the salary income=<600,000 0% 1,200,000>=Salary income>600,000 5% of the amount>600,000 2,200,000>=Salary income>1200,000 30,000+15% of amount>1,200,000 3,200,000>=Salary income>2,200,000 180,000+25% of amount>2,200,000 4,100,000>=Salary income>3,200,000 430,000+30% of amount>3,200,000 … Read more