Here is the revised tax bracket:
Visit for more details: TAX CALCULATOR
Income Tax Slabs
As per income tax exemption bill passed by Government of Pakistan, following slabs and income tax rates will be applicable for salaried persons for the year 2023-2024:
Apply the Tax Slabs: Use the tax slabs for the tax year 2023-24 to calculate your tax liability. The slabs are as follows:
Income up to PKR 1,200,000: 0% (No tax)
Income from PKR 1,200,001 to PKR 2,400,000: 5% of the amount exceeding PKR 1,200,000
Income from PKR 2,400,001 to PKR 4,800,000: PKR 60,000 + 10% of the amount exceeding PKR 2,400,000
Income from PKR 4,800,001 to PKR 7,200,000: PKR 300,000 + 15% of the amount exceeding PKR 4,800,000
Income from PKR 7,200,001 to PKR 9,600,000: PKR 630,000 + 20% of the amount exceeding PKR 7,200,000
Income from PKR 9,600,001 to PKR 12,000,000: PKR 1,110,000 + 25% of the amount exceeding PKR 9,600,000
Income over PKR 12,000,001: PKR 1,860,000 + 30% of the amount exceeding PKR 12,000,000
