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
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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