Salary Income Tax Slabs: A 2021-2025 Comparison

The Pakistani government has implemented increased income tax rates for salaried individuals in the new Finance Act 2024. While some brackets remain unchanged, most income levels face higher tax burdens compared to the previous tax year. Here’s a breakdown of the changes:

Salary Tax Slab in Pakistan 2024-25

Tax rates on Income from Salary in Pakistan for Tax Year 2025, effective from July 1, 2024 till June 30, 2025:

Annual Salary (Rupees)Tax Rates 2025
Upto 600,0000%
600,000 – 1,200,0005% of the amount exceeding Rs. 600,000
1,200,000 – 2,200,000Rs. 30,000 + 15% of the amount exceeding Rs. 800,000
2,200,000 – 3,200,000Rs. 180,000 + 25% of the amount exceeding Rs. 1,200,000
3,200,000 – 4,100,000Rs. 430,000 + 30% of the amount exceeding Rs. 2,400,000
Above 4,100,000Rs. 700,000 + 35% of the amount exceeding Rs. 4,100,000

Salary Tax Slab in Pakistan 2023-24

Tax rates on Income from Salary in Pakistan for Tax Year 2024, effective from July 1, 2023 till June 30, 2024:

Annual Salary (Rupees)Tax Rates 2024
Up to 600,0000%
600,001 – 1,200,0002.5% of the amount exceeding Rs. 600,000
1,200,001 – 2,400,000Rs. 15,000 + 12.5% of the amount exceeding Rs. 1,200,000
2,400,001 – 3,600,000Rs. 165,000 + 22.5% of the amount exceeding Rs. 2,400,000
3,600,001 – 6,000,000Rs. 435,000 + 27.5% of the amount exceeding Rs. 3,600,000
Above 6,000,000Rs. 1,095,000 + 35% of the amount exceeding Rs. 6,000,000

Salary Tax Slab in Pakistan 2022-23

Tax rates on Income from Salary in Pakistan for Tax Year 2023, effective from July 1, 2022 till June 30, 2023:

Annual Salary (Rupees)Tax Rates 2023
Up to 600,0000%
600,001 – 1,200,0002.5% of amount exceeding Rs. 600,000
1,200,001 – 2,400,000Rs. 15,000 + 12.5% of amount exceeding Rs. 1,200,000
2,400,001 – 3,600,000Rs. 165,000 + 20% of amount exceeding Rs. 2,400,000
3,600,001 – 6,000,000Rs. 405,000 + 25% of amount exceeding Rs. 3,600,000
6,000,001 – 12,000,000Rs. 1,005,000 + 32.5% of amount exceeding Rs. 6,000,000
Above 12,000,000Rs. 2,955,000 + 35% of amount exceeding Rs. 12,000,000

Salary Tax Slab in Pakistan 2021-22

Tax rates on Income from Salary in Pakistan for Tax Year 2022, effective from July 1, 2021 till June 30, 2022:

Annual Salary (Rupees)Tax Rates 2022
Up to 600,0000%
600,000 – 1,200,0005% of income exceeding Rs. 600,000
1,200,000 – 1,800,000Rs. 30,000 + 10% of income exceeding Rs. 1,200,000
1,800,000 – 2,500,000Rs. 90,000 + 15% of income exceeding Rs. 1,800,000
2,500,000 – 3,500,000Rs. 195,000 + 17.5% of income exceeding Rs. 2,500,000
3,500,000 – 5,000,000Rs. 370,000 + 20% of income exceeding Rs. 3,500,000
5,000,000 – 8,000,000Rs. 670,000 + 22.5% of income exceeding Rs. 5,000,000
8,000,000 – 12,000,000Rs. 1,345,000 + 25% of income exceeding Rs. 8,000,000
12,000,000 – 30,000,000Rs. 2,345,000 + 27.5% of income exceeding Rs. 12,000,00

Salary Tax Slab in Pakistan 2020-21

Tax rates on Income from Salary in Pakistan for Tax Year 2021, effective from July 1, 2020 till June 30, 2021:

Annual Salary (Rupees)Tax Rates 2021
Up to 600,0000%
600,000 – 1,200,0005% of income exceeding Rs. 600,000
1,200,000 – 1,800,000Rs. 30,000 + 10% of income exceeding Rs. 1,200,000
1,800,000 – 2,500,000Rs. 90,000 + 15% of income exceeding Rs. 1,800,000
2,500,000 – 3,500,000Rs. 195,00* + 17.5% of income exceeding Rs. 2,500,000
3,500,000 – 5,000,000Rs. 370,000 + 20% of income exceeding Rs. 3,500,000
5,000,000 – 8,000,000Rs. 670,000 + 22.5% of income exceeding Rs. 5,000,000
8,000,000 – 12,000,000Rs. 1,345,000 + 25% of income exceeding Rs. 8,000,000
12,000,000 – 30,000,000Rs. 2,345,000 + 27.5% of income exceeding Rs. 12,000,000
30,000,000 – 50,000,000Rs. 7,295,000 + 30% of income exceeding Rs. 30,000,000
50,000,000 – 75,000,000Rs. 13,295,000 + 32.5% of income exceeding Rs. 50,000,000
Above 75,000,000Rs. 21,420,000 + 35% of income exceeding Rs. 75,000,000

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