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  • 3 - Salary Income WHT Rates Card 2023-24

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    Ghulam Mustafa
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    This document outlines the withholding tax rates for salary income in Pakistan for the period of July 1, 2023 to June 30, 2024, specifying 6 salary brackets with the applicable tax rates ranging from nil to 35% depending on the amount of salary exceeding the minimum thresholds. It provides contact information for queries and disclaims that the official rates on the Federal Board of Revenue website should be considered final.

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    3- Salary Income WHT Rates Card 2023-24

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    This document outlines the withholding tax rates for salary income in Pakistan for the period of July 1, 2023 to June 30, 2024, specifying 6 salary brackets with the applicable tax rates ranging from nil to 35% depending on the amount of salary exceeding the minimum thresholds. It provides contact information for queries and disclaims that the official rates on the Federal Board of Revenue website should be considered final.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    5 views1 page

    3 - Salary Income WHT Rates Card 2023-24

    Uploaded by

    Ghulam Mustafa
    This document outlines the withholding tax rates for salary income in Pakistan for the period of July 1, 2023 to June 30, 2024, specifying 6 salary brackets with the applicable tax rates ranging from nil to 35% depending on the amount of salary exceeding the minimum thresholds. It provides contact information for queries and disclaims that the official rates on the Federal Board of Revenue website should be considered final.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    GIZ PAKISTAN

    WITHHOLDING TAX RATES CARD 2023-24


    (Effective 01.07.2023 - 30.06.2024)

    TAX ON SALARY INCOME:

    S.NO SALARY BRACKETS RATE

    1 UPTO RS. 600,000 NIL

    2 RS. 600,001 - 1,200,000 2.5% OF THE AMOUNT EXCEEDING RS. 600,000

    3 RS. 1,200,001 - 2,400,000 RS. 15,000 + 12.5% OF THE AMOUNT EXCEEDING Rs.1,200,000

    4 RS. 2,400,001 - 3,600,000 RS. 165,000 + 22.5% OF THE AMOUNT EXCEEDING Rs.2,400,000

    5 RS. 3,600,001 - 6,000,000 RS. 435,000 + 27.5% OF THE AMOUNT EXCEEDING Rs.3,600,000

    Where taxable income exceeds RS.


    6 RS. 1,095,000 + 35% OF THE AMOUNT EXCEEDING Rs.6,000,000
    6,000,000

    QUERIES: Contact: 111 489 725


    giz-pakistan-finance@giz.de

    DISCLAIMER: This rate card is only for the information purpose and is subject to updates. The official version of FBR will always prevail
    over the information provided in this rate card.
    www.fbr.gov.pk

    GIZ Pakistan WHT on Salary Income 7/5/2023

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