Revised Salary Slabs for Income Tax 2022

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The Federal Govt of Pakistan presented its annual budget for 2022-2023 on 10 June 2022. The federal govt has announced newly revised pay scales. New Income Tax slabs in Pakistan are also revised and given below. You can easily calculate your income tax after budget 2022-23. After IMF deal Salary Slabs are revised and new salary slabs for income tax are given below.

Revised Salary Slabs for Income Tax 2022 Updated

Salary Under Rs. 50,000 Per MonthNo Tax
More than Rs. 50,000 but fewer than Rs. 100,000 per month2.5% of amount after 50,000 Rs.
Higher than PKR 100,000 but under 200,000 per monthPKR 15,000 + 12.5% of the amount exceeding Rs. 1,200,000
Higher than Rs. 200,000 but under 300,000 per monthPKR 165,000 + 20% of the amount exceeding Rs. 2,400,000
Higher than Rs. 300,000 but under 500,000 per monthPKR 405,000 + 25% of the amount exceeding Rs. 3,600,000
Higher than Rs. 500,000 but under 1,000,000 per monthPKR 1,005,000 + 32.5% of the amount exceeding Rs. 6,000,000
Higher than Rs. 1,000,000 per monthPKR 2955,000 + 35% of the amount exceeding Rs. 12,000,000 per year

Tax Rates for Salaried Class Increased

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