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Pakistan Income Tax Rate for Financial Year 2018-19 for salaried Individuals, Self employed persons, Sr. Citizen and Corporate / Companies.

 

 

Pakistan Income Tax Rate for Individuals for 2018-19 w.e.f 1.7.2018

Taxable Income Slab Tax Rate
Upto Rs. 12,00,000 0%
Rs. 12,00,001 to Rs. 24,00,000 5%
Rs. 24,00,001 to Rs. 48,00,000 10%
Rs. 48,00,001 and above 15%

 

Pakistan Income tax Rate for Association of Persons 2018-19

Taxable Income Slab Tax Rate
Upto Rs. 4,00,000 0%
Rs. 4,00,001 to Rs. 5,00,000 7%
Rs. 5,00,001 to Rs. 7,50,000 10%
Rs. 7,50,001 to Rs. 15,00,000 15%
Rs. 15,00,001 to Rs. 25,00,000 20%
Rs. 25,00,001 to Rs. 40,00,000 25%
Rs. 40,00,001 to Rs. 60,00,000 30%
Rs. 60,00,001 and above 35%

 

Exemptions and Deduction
- There is a provision for reduction of salary by a certain limit for the salaried person who is a senior citizen or a full time researcher or a teacher.

 

Pakistan Corporation Tax 2018-19

Description Tax Rate
Companies / Corporate Tax Rate 30%

 

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