Income Tax in Pakistan 2024-25
Pakistan's income tax is governed by the
Income Tax Ordinance 2001
and administered by the
Federal Board of Revenue (FBR). For salaried individuals, tax is deducted at source by employers
and deposited directly with FBR.
The tax year in Pakistan runs from
July 1 to June 30. Salaried individuals with annual income up to Rs 600,000 are
exempt from income tax.
Important Notes
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Tax is progressive — higher income falls into higher brackets
incrementally
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These are salaried employee rates; business income has different
slabs
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Rebates, deductions (Zakat, pension, etc.) can reduce taxable
income
- Super Tax may apply to income above Rs 1.5 Crore
-
Always verify with FBR's official portal or a tax consultant
What is the minimum taxable income in Pakistan 2024-25?
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For salaried individuals, the minimum taxable income threshold is
Rs 600,000 per year (Rs 50,000 per month). If your annual salary
is below this amount, you owe zero income tax to FBR.
How do I file an income tax return in Pakistan?
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You can file your income tax return online through the FBR's IRIS
portal (iris.fbr.gov.pk). The deadline for salaried individuals is
typically September 30 each year. You'll need your CNIC, bank
statements, salary certificate, and NTN (National Tax Number).
What is Super Tax in Pakistan?
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Super Tax is an additional levy on high-income individuals. For
tax year 2024-25, individuals with income above Rs 15,000,000 (1.5
crore) are subject to additional Super Tax ranging from 1% to 10%
on the amount exceeding the threshold.
Can Zakat paid reduce income tax?
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Yes! Zakat paid is deductible under Section 60(1) of the Income
Tax Ordinance 2001. If you've paid Zakat, you can subtract it from
your taxable income, effectively reducing your tax bill. Keep
documentation of Zakat paid for record purposes.