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Income Tax Slabs in Pakistan From 2021 to 2026

Income Tax Slabs in Pakistan From 2021 to 2026

When the tax filing deadline approaches, many people start searching for the income tax slabs. Checking the new and old tax slabs is important to calculate income tax. Especially if you want to become a filer in Pakistan and don’t know anything yet, or you are filing income tax returns for 2024-25 as well as 2023-24, and so on. Here, I will show you the income tax slabs of 5 fiscal years to help you calculate how much you might have to pay. 

Income Tax Slab 2025-26​

The income tax slabs for salaried persons have been changed as the government has provided up to 80% relief on the income tax in the budget 2025-26. Check out the new income tax slabs 2025-26​:

Annual IncomeTax Rate
Rs. 0 to Rs. 600,0000%
Rs. 600,001 to Rs. 1,200,0001% of the amount exceeding Rs. 600,000
Rs. 1,200,001 to Rs. 2,200,000Rs. 6,000 + 11% of the amount exceeding Rs. 1,200,000
Rs. 2,200,001 to Rs. 3,200,000Rs. 116,000 + 23% of the amount exceeding Rs. 2,200,000
Rs. 3,200,001 to Rs. 4,100,000Rs. 346,000 + 30% of the amount exceeding Rs. 3,200,000
Rs. 4,100,000 to Rs. 10,000,000Rs. 616,000 + 35% of the amount exceeding Rs. 4,100,000
Over 1 CroreRs. 2,681,000 + 35% of the amount exceeding Rs. 1 Crore

Income Tax Slab 2024-25​

These were the salary tax slabs 2024-25 in Pakistan​:

Annual IncomeTax Rate
Up to 600,0000%
600,001 to 1,200,0005% of the amount exceeding PKR 600,000
1,200,001 to 2,200,000PKR 30,000 + 15% of the amount exceeding PKR 1,200,000
2,200,001 to 3,200,000PKR 180,000 + 25% of the amount exceeding PKR 2,200,000
3,200,001 to 4,100,000PKR 430,000 + 30% of the amount exceeding PKR 3,200,000
Above 4,100,000PKR 700,000 + 35% of the amount exceeding PKR 4,100,000

Income Tax Slab 2023-24​

Here are the tax slabs for the fiscal year 2023-24:

Annual IncomeTax Rate
Up to 600,0000%
600,001 to 1,200,0002.5% of the amount exceeding PKR 600,000
1,200,001 to 2,400,000PKR 15,000 + 12.5% of the amount exceeding PKR 1,200,000
2,400,001 to 3,600,000PKR 165,000 + 22.5% of the amount exceeding PKR 2,400,000
3,600,001 to 6,000,000PKR 435,000 + 27.5% of the amount exceeding PKR 3,600,000
Above 6,000,000PKR 1,095,000 + 35% of the amount exceeding PKR 6,000,000

Income Tax Slab 2022-23​

The following are the salary tax slabs for the year 2022-23:

Annual IncomeTax Rate
Up to 600,0000%
600,001 to 1,200,0002.5% of the amount exceeding PKR 600,000
1,200,001 to 2,400,000PKR 15,000 + 12.5% of the amount exceeding PKR 1,200,000
2,400,001 to 3,600,000PKR 165,000 + 20% of the amount exceeding PKR 2,400,000
3,600,001 to 6,000,000PKR 405,000 + 25% of the amount exceeding PKR 3,600,000
6,000,001 to 12,000,000PKR 1,005,000 + 32.5% of the amount exceeding PKR 6,000,000
Above 12,000,000PKR 2,955,000 + 35% of the amount exceeding PKR 12,000,000

Income Tax Slab 2021-22​

Here are the old tax slabs for 2021-22 fiscal year:

Annual IncomeTax Rate
Up to 600,0000%
600,001 to 1,200,0005% of the amount exceeding PKR 600,000
1,200,001 to 1,800,000PKR 30,000 + 10% of the amount exceeding PKR 1,200,000
1,800,001 to 2,500,000PKR 90,000 + 15% of the amount exceeding PKR 1,800,000
2,500,001 to 3,500,000PKR 195,000 + 17.5% of the amount exceeding PKR 2,500,000
3,500,001 to 5,000,000PKR 370,000 + 20% of the amount exceeding PKR 3,500,000
5,000,001 to 8,000,000PKR 670,000 + 22.5% of the amount exceeding PKR 5,000,000
Above 8,000,000PKR 1,345,000 + 25% of the amount exceeding PKR 8,000,000

Note: Keep in mind that “income” here means the taxable income.

As you have seen now, the tax rates and even slabs change over time. It means you need to be updated even if you are already a tax filer. I have shown the tax slabs in Pakistan for 5 fiscal years (2025-26, 2024-25, 2023-24, 2022-23, and 2021-22). I have also developed an income tax calculator so you can just input your income and get the tax (monthly and annually) check it out.

However, if you are still confused, visit OLX to get the services of Tax Consultants. These professionals can also help you become a filer in Pakistan.

Disclaimer

  1. General Information:
    All materials provided on this page is offered “as-is”. While we make every effort to ensure accuracy, no guarantees are made regarding the completeness or correctness of the data. Users should consult a tax professional for advice tailored to their individual circumstances.
  2. Limitations of Liability:
    OLX Pakistan is not liable for any damages resulting from the use of any information, including errors or miscalculations. Some jurisdictions do not permit limitations on implied warranties or liability, so these limitations may not apply to you.
  3. Revisions and Updates:
    The information on this page may be updated at any time without notice. While every effort is made to keep the content fresh, we do not guarantee updates on a regular schedule.

FAQs

How much tax on 50,000 salary in Pakistan?

Currently, there is no tax on 50,000 salary in Pakistan.

What is the minimum salary to pay income tax?

Over Rs. 50,000 monthly salary or over 600,000 annual salary is taxable.

What is the lowest tax slab?

The lowest taxable income slab is from Rs. 600,001 to Rs. 1,200,000 annual income.

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