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 Month | No Tax |
| More than Rs. 50,000 but fewer than Rs. 100,000 per month | 2.5% of amount after 50,000 Rs. |
| Higher than PKR 100,000 but under 200,000 per month | PKR 15,000 + 12.5% of the amount exceeding Rs. 1,200,000 |
| Higher than Rs. 200,000 but under 300,000 per month | PKR 165,000 + 20% of the amount exceeding Rs. 2,400,000 |
| Higher than Rs. 300,000 but under 500,000 per month | PKR 405,000 + 25% of the amount exceeding Rs. 3,600,000 |
| Higher than Rs. 500,000 but under 1,000,000 per month | PKR 1,005,000 + 32.5% of the amount exceeding Rs. 6,000,000 |
| Higher than Rs. 1,000,000 per month | PKR 2955,000 + 35% of the amount exceeding Rs. 12,000,000 per year |
Tax Rates for Salaried Class Increased
