Income Tax Slabs
As per Federal Budget 20212022 presented by the Government of Pakistan, the following slabs and income tax rates will be applicable for salaried persons for the year 20212022:

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.