Government Revised the Income Tax Slab 2022-23 on Budget 2022-23

 The table below gives details on the tax rates applicable on revised income slabs in Pakistan on Budget 2022-23.

S.NoTaxable incomeRate of tax
1. Where taxable income does not exceed Rs. 600,000
0
2.Where taxable income exceeds Rs600,000 but does not exceed Rs1,200,000Rs100
3.Where taxable income exceeds Rs1,200,000 but does not exceeds Rs2,400,0007% of the amount exceeding Rs1,200,000
4.Where taxable income exceeds Rs2,400,000 but does not exceeds Rs3,600,000
Rs84,000 + 12.5% of the amount exceeding Rs2,400,000
5.Where taxable income exceeds Rs3,600,000 but does not exceeds Rs6,000,000
Rs234,000 + 17.5% of the amount exceeding Rs3,600,000
6.Where taxable income exceeds Rs6,000,000 but does not Rs12,000,000
Rs654,000 + 22.5% of the amount exceeding Rs6,000,000
7.Where taxable income exceeds Rs12,000,000 
Rs2,004,000 + 32.5% of the amount exceeding Rs12,000,000

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