GIZ PAKISTAN

WITHHOLDING TAX RATES CARD 2023-24

(Effective 01.07.2023 - 30.06.2024)

TAX ON PROPERTY RENTAL INCOME:

IN CASE OF COMPANY 15%

Sr # IN CASE OF INDIVIDUAL & AOP Rate

1 WHERE THE GROSS AMOUNT OF RENT DOES NOT EXCEED RS. 300,000- NIL

WHERE THE GROSS AMOUNT OF RENT EXCEEDS RS. 300,000- BUT DOES
2 5% OF THE GROSS AMOUNT EXCEEDING RS. 300,000
NOT EXCEED RS. 600,000-

WHERE THE GROSS AMOUNT OF RENT EXCEEDS RS. 600,000- BUT DOES Rs. 15,000 PLUS 10% OF THE GROSS AMOUNT EXCEEDING RS.
3
NOT EXCEED RS. 2,000,000 600,000

Rs. 155,000 PLUS 25% OF THE GROSS AMOUNT EXCEEDING RS.

4 WHERE THE GROSS AMOUNT OF RENT EXCEEDS RS. 2,000,000
2,000,000

QUERIES: Contact: 111 489 725, Cell: 0301-8450819

aniq.qureshi@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 Property Rental Income Tax Rate 7/5/2023