FBR Salary Tax Slabs 2024-25 for Salaried Individuals
Income tax rates applied to salaried individuals in Pakistan for Tax Year 2024-25, covering the period 1 July 2024 to 30 June 2025, as enacted by the Finance Act 2024 in Division I, Part I of the First Schedule to the Income Tax Ordinance 2001.
Calculate your 2024-25 taxTax slab rates for Tax Year 2024-25
The heaviest of the five years for salaried taxpayers. Rates rose sharply from the second bracket upward, and a 10% surcharge was introduced on taxable income above Rs 10 million.
Tax Year 2024-25
Finance Act 2024 · 6 slabs · 10% surcharge above PKR 10,000,000
| Annual taxable income | Rate | Tax payable |
|---|---|---|
| Up to PKR 600,000 | 0% | Nil |
| PKR 600,000 to PKR 1,200,000 | 5% | 5% of the amount exceeding PKR 600,000 |
| PKR 1,200,000 to PKR 2,200,000 | 15% | PKR 30,000 + 15% of the amount exceeding PKR 1,200,000 |
| PKR 2,200,000 to PKR 3,200,000 | 25% | PKR 180,000 + 25% of the amount exceeding PKR 2,200,000 |
| PKR 3,200,000 to PKR 4,100,000 | 30% | PKR 430,000 + 30% of the amount exceeding PKR 3,200,000 |
| Above PKR 4,100,000 | 35% | PKR 700,000 + 35% of the amount exceeding PKR 4,100,000 |
Key thresholds
- Exempt threshold: annual taxable income up to PKR 600,000 (PKR 50,000 a month) was taxed at zero per cent.
- Number of slabs: 6.
- Top marginal rate: 35%, applying above PKR 4,100,000 of taxable income.
- Section 4AB surcharge: 10% of the tax payable where taxable income exceeded PKR 10,000,000.
Monthly salary tax table for 2024-25
Tax payable at common salary levels, with no exemptions or rebates claimed. Figures include the section 4AB surcharge where it applied.
| Monthly salary | Annual salary | Monthly tax | Annual tax | Net monthly | Effective rate |
|---|---|---|---|---|---|
| PKR 50,000 | PKR 600,000 | PKR 0 | PKR 0 | PKR 50,000 | 0.0% |
| PKR 100,000 | PKR 1,200,000 | PKR 2,500 | PKR 30,000 | PKR 97,500 | 2.5% |
| PKR 150,000 | PKR 1,800,000 | PKR 10,000 | PKR 120,000 | PKR 140,000 | 6.7% |
| PKR 200,000 | PKR 2,400,000 | PKR 19,167 | PKR 230,000 | PKR 180,833 | 9.6% |
| PKR 300,000 | PKR 3,600,000 | PKR 45,833 | PKR 550,000 | PKR 254,167 | 15.3% |
| PKR 500,000 | PKR 6,000,000 | PKR 113,750 | PKR 1,365,000 | PKR 386,250 | 22.8% |
| PKR 1,000,000 | PKR 12,000,000 | PKR 317,625 | PKR 3,811,500 | PKR 682,375 | 31.8% |
How 2024-25 compares with the current 2026-27 rates
The table below shows what the same salary costs under Tax Year 2024-25 against the rates in force today, so you can see the direction and size of the change.
| Monthly salary | Tax in 2024-25 | Tax in 2026-27 | Change |
|---|---|---|---|
| PKR 50,000 | PKR 0 | PKR 0 | No change |
| PKR 100,000 | PKR 30,000 | PKR 6,000 | −PKR 24,000 |
| PKR 150,000 | PKR 120,000 | PKR 72,000 | −PKR 48,000 |
| PKR 200,000 | PKR 230,000 | PKR 156,000 | −PKR 74,000 |
| PKR 300,000 | PKR 550,000 | PKR 416,000 | −PKR 134,000 |
| PKR 500,000 | PKR 1,365,000 | PKR 1,104,000 | −PKR 261,000 |
| PKR 1,000,000 | PKR 3,811,500 | PKR 3,174,000 | −PKR 637,500 |