Budget 2024 25 Pakistan Income Tax Slabs . Those earning between rs600,000 and rs1.2 million annually will be taxed at 5pc of their income. In sops for the middle class, the government hiked standard deduction by 50 per cent to โน 75,000 and tweaked tax slabs under the new income tax regime to provide more.
Individuals with monthly incomes between rs266,000 and rs342,000 will be taxed at 30%, up from 27.5%, with the fixed tax increasing to rs430,000 from rs300,000 annually. The recent federal budget introduced new tax slabs that come into effect from july 1, 2024.
Budget 2024 25 Pakistan Income Tax Slabs Images References :
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Budget 20232024 Overview, Tax Reforms and Sales Tax Amendments , Those earning between rs600,000 and rs1.2 million annually will be taxed at 5pc of their income.