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FBR Income Tax Slabs from 2014-2025

Salman Khaliq
By Salman Khaliq

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Income tax slabs in Pakistan are structured to ensure a progressive taxation system, where individuals with higher earnings contribute a larger percentage of their income as tax.

The Federal Board of Revenue (FBR) defines these slabs annually, differentiating between salaried and non-salaried individuals. For salaried individuals, tax rates start from 0% for lower-income groups and progressively increase based on income brackets.

 

Over the years, these slabs have been adjusted to accommodate inflation, economic conditions, and government revenue needs. The aim is to create a balanced tax system that supports economic growth while ensuring fair contributions from all income groups.

Pakistan Income Tax Slabs

2024-2025 Income Tax Slabs

≤ Rs. 600,000
0% Tax Rate
Rs. 600,000 - 1,200,000
5% on excess over 600,000
Rs. 1,200,000 - 2,200,000
Rs. 30,000 + 15% on excess over 1,200,000
Rs. 2,200,000 - 3,200,000
Rs. 180,000 + 25% on excess over 2,200,000
Rs. 3,200,000 - 4,100,000
Rs. 430,000 + 30% on excess over 3,200,000
> Rs. 4,100,000
Rs. 700,000 + 35% on excess over 4,100,000

2023-2024 Income Tax Slabs

≤ Rs. 600,000
0% Tax Rate
Rs. 600,000 - 1,200,000
2.5% on excess over 600,000
Rs. 1,200,000 - 2,400,000
Rs. 15,000 + 12.5% on excess over 1,200,000
Rs. 2,400,000 - 3,600,000
Rs. 165,000 + 22.5% on excess over 2,400,000
Rs. 3,600,000 - 6,000,000
Rs. 435,000 + 27.5% on excess over 3,600,000
> Rs. 6,000,000
Rs. 1,095,000 + 35% on excess over 6,000,000

2022-2023 Income Tax Slabs

≤ Rs. 600,000
0% Tax Rate
Rs. 600,000 - 1,200,000
2.5% on excess over 600,000
Rs. 1,200,000 - 2,400,000
Rs. 15,000 + 12.5% on excess over 1,200,000
Rs. 2,400,000 - 3,600,000
Rs. 165,000 + 20% on excess over 2,400,000
Rs. 3,600,000 - 6,000,000
Rs. 405,000 + 25% on excess over 3,600,000
Rs. 6,000,000 - 12,000,000
Rs. 1,005,000 + 32.5% on excess over 6,000,000
> Rs. 12,000,000
Rs. 2,955,000 + 35% on excess over 12,000,000

2021-2022 Income Tax Slabs

≤ Rs. 600,000
0% Tax Rate
Rs. 600,000 - 1,200,000
5% on excess over 600,000
Rs. 1,200,000 - 1,800,000
Rs. 30,000 + 10% on excess over 1,200,000
Rs. 1,800,000 - 2,500,000
Rs. 90,000 + 15% on excess over 1,800,000
Rs. 2,500,000 - 3,500,000
Rs. 195,000 + 17.5% on excess over 2,500,000
Rs. 3,500,000 - 5,000,000
Rs. 370,000 + 20% on excess over 3,500,000
Rs. 5,000,000 - 8,000,000
Rs. 670,000 + 22.5% on excess over 5,000,000
Rs. 8,000,000 - 12,000,000
Rs. 1,345,000 + 25% on excess over 8,000,000
Rs. 12,000,000 - 30,000,000
Rs. 2,345,000 + 27.5% on excess over 12,000,000
Rs. 30,000,000 - 50,000,000
Rs. 7,295,000 + 30% on excess over 30,000,000
Rs. 50,000,000 - 75,000,000
Rs. 13,295,000 + 32.5% on excess over 50,000,000
> Rs. 75,000,000
Rs. 21,420,000 + 35% on excess over 75,000,000

2020-2021 Income Tax Slabs

≤ Rs. 600,000
0% Tax Rate
Rs. 600,000 - 1,200,000
5% on excess over 600,000
Rs. 1,200,000 - 1,800,000
Rs. 30,000 + 10% on excess over 1,200,000
Rs. 1,800,000 - 2,500,000
Rs. 90,000 + 15% on excess over 1,800,000
Rs. 2,500,000 - 3,500,000
Rs. 195,000 + 17.5% on excess over 2,500,000
Rs. 3,500,000 - 5,000,000
Rs. 370,000 + 20% on excess over 3,500,000
Rs. 5,000,000 - 8,000,000
Rs. 670,000 + 22.5% on excess over 5,000,000
Rs. 8,000,000 - 12,000,000
Rs. 1,345,000 + 25% on excess over 8,000,000
Rs. 12,000,000 - 30,000,000
Rs. 2,345,000 + 27.5% on excess over 12,000,000
Rs. 30,000,000 - 50,000,000
Rs. 7,295,000 + 30% on excess over 30,000,000
Rs. 50,000,000 - 75,000,000
Rs. 13,295,000 + 32.5% on excess over 50,000,000
> Rs. 75,000,000
Rs. 21,420,000 + 35% on excess over 75,000,000

2019-2020 Income Tax Slabs

≤ Rs. 600,000
0% Tax Rate
Rs. 600,000 - 1,200,000
5% on excess over 600,000
Rs. 1,200,000 - 1,800,000
Rs. 30,000 + 10% on excess over 1,200,000
Rs. 1,800,000 - 2,500,000
Rs. 90,000 + 15% on excess over 1,800,000
Rs. 2,500,000 - 3,500,000
Rs. 195,000 + 17.5% on excess over 2,500,000
Rs. 3,500,000 - 5,000,000
Rs. 370,000 + 20% on excess over 3,500,000
Rs. 5,000,000 - 8,000,000
Rs. 670,000 + 22.5% on excess over 5,000,000
Rs. 8,000,000 - 12,000,000
Rs. 1,345,000 + 25% on excess over 8,000,000
Rs. 12,000,000 - 30,000,000
Rs. 2,345,000 + 27.5% on excess over 12,000,000
Rs. 30,000,000 - 50,000,000
Rs. 7,295,000 + 30% on excess over 30,000,000
Rs. 50,000,000 - 75,000,000
Rs. 13,295,000 + 32.5% on excess over 50,000,000
> Rs. 75,000,000
Rs. 21,420,000 + 35% on excess over 75,000,000

2018-2019 Income Tax Slabs

≤ Rs. 400,000
0% Tax Rate
Rs. 400,000 - 800,000
Rs. 1,000
Rs. 800,000 - 1,200,000
Rs. 2,000
Rs. 1,200,000 - 2,500,000
5% on excess over 1,200,000 or Rs. 2,000, whichever is greater
Rs. 2,500,000 - 4,000,000
Rs. 65,000 + 15% on excess over 2,500,000
Rs. 4,000,000 - 8,000,000
Rs. 290,000 + 20% on excess over 4,000,000
> Rs. 8,000,000
Rs. 1,090,000 + 25% on excess over 4,800,000

2017-2018 Income Tax Slabs

≤ Rs. 400,000
0% Tax Rate
Rs. 400,000 - 500,000
2% on excess over 400,000
Rs. 500,000 - 750,000
Rs. 2,000 + 5% on excess over 500,000
Rs. 750,000 - 1,400,000
Rs. 14,500 + 10% on excess over 750,000
Rs. 1,400,000 - 1,500,000
Rs. 79,500 + 12.5% on excess over 1,400,000
Rs. 1,500,000 - 1,800,000
Rs. 92,000 + 15% on excess over 1,500,000
Rs. 1,800,000 - 2,500,000
Rs. 137,000 + 17.5% on excess over 1,800,000
Rs. 2,500,000 - 3,000,000
Rs. 259,500 + 20% on excess over 2,500,000
Rs. 3,000,000 - 3,500,000
Rs. 359,500 + 22.5% on excess over 3,000,000
Rs. 3,500,000 - 4,000,000
Rs. 472,000 + 25% on excess over 3,500,000
Rs. 4,000,000 - 7,000,000
Rs. 597,000 + 27.5% on excess over 4,000,000
> Rs. 7,000,000
Rs. 1,422,000 + 30% on excess over 7,000,000

2016-2017 Income Tax Slabs

≤ Rs. 400,000
0% Tax Rate
Rs. 400,000 - 500,000
2% on excess over 400,000
Rs. 500,000 - 750,000
Rs. 2,000 + 5% on excess over 500,000
Rs. 750,000 - 1,400,000
Rs. 14,500 + 10% on excess over 750,000
Rs. 1,400,000 - 1,500,000
Rs. 79,500 + 12.5% on excess over 1,400,000
Rs. 1,500,000 - 1,800,000
Rs. 92,000 + 15% on excess over 1,500,000
Rs. 1,800,000 - 2,500,000
Rs. 137,000 + 17.5% on excess over 1,800,000
Rs. 2,500,000 - 3,000,000
Rs. 259,500 + 20% on excess over 2,500,000
Rs. 3,000,000 - 3,500,000
Rs. 359,500 + 22.5% on excess over 3,000,000
Rs. 3,500,000 - 4,000,000
Rs. 472,000 + 25% on excess over 3,500,000
Rs. 4,000,000 - 7,000,000
Rs. 597,000 + 27.5% on excess over 4,000,000
> Rs. 7,000,000
Rs. 1,422,000 + 30% on excess over 7,000,000

2015-2016 Income Tax Slabs

≤ Rs. 400,000
0% Tax Rate
Rs. 400,000 - 500,000
2% on excess over 400,000
Rs. 500,000 - 750,000
Rs. 2,000 + 5% on excess over 500,000
Rs. 750,000 - 1,400,000
Rs. 14,500 + 10% on excess over 750,000
Rs. 1,400,000 - 1,500,000
Rs. 79,500 + 12.5% on excess over 1,400,000
Rs. 1,500,000 - 1,800,000
Rs. 92,000 + 15% on excess over 1,500,000
Rs. 1,800,000 - 2,500,000
Rs. 137,000 + 17.5% on excess over 1,800,000
Rs. 2,500,000 - 3,000,000
Rs. 259,500 + 20% on excess over 2,500,000
Rs. 3,000,000 - 3,500,000
Rs. 359,500 + 22.5% on excess over 3,000,000
Rs. 3,500,000 - 4,000,000
Rs. 472,000 + 25% on excess over 3,500,000
Rs. 4,000,000 - 7,000,000
Rs. 597,000 + 27.5% on excess over 4,000,000
> Rs. 7,000,000
Rs. 1,422,000 + 30% on excess over 7,000,000

2014-2015 Income Tax Slabs

≤ Rs. 400,000
0% Tax Rate
Rs. 400,000 - 750,000
5% on excess over 400,000
Rs. 750,000 - 1,400,000
Rs. 17,500 + 10% on excess over 750,000
Rs. 1,400,000 - 1,500,000
Rs. 82,500 + 12.5% on excess over 1,400,000
Rs. 1,500,000 - 1,800,000
Rs. 95,000 + 15% on excess over 1,500,000
Rs. 1,800,000 - 2,500,000
Rs. 140,000 + 17.5% on excess over 1,800,000
Rs. 2,500,000 - 3,000,000
Rs. 262,500 + 20% on excess over 2,500,000
Rs. 3,000,000 - 3,500,000
Rs. 362,500 + 22.5% on excess over 3,000,000
Rs. 3,500,000 - 4,000,000
Rs. 475,000 + 25% on excess over 3,500,000
Rs. 4,000,000 - 7,000,000
Rs. 600,000 + 27.5% on excess over 4,000,000
> Rs. 7,000,000
Rs. 1,425,000 + 30% on excess over 7,000,000
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Starting Taxable Income Over Years

Starting Taxable Income Over Years (2014-2024)

Shows the minimum taxable income threshold for each fiscal year

Income Tax Slabs FAQ - AllPKTaxes

Frequently Asked Questions (FAQs)

What is the starting taxable income for salaried individuals?

The starting taxable income varies by year. For example:

  • 2014-2018: Rs. 400,000
  • 2019-2024: Rs. 600,000

How are income tax slabs determined?

Income tax slabs are determined by the government in the annual budget. They are based on income brackets, and each bracket has a specific tax rate. The slabs are designed to ensure progressive taxation, where higher income earners pay a larger percentage of their income as tax.

What happens if my income exceeds the highest slab?

If your income exceeds the highest slab, you will be taxed at the highest applicable rate for the amount exceeding the slab. For example, in 2024, if your income exceeds Rs. 4,100,000, you will pay 35% tax on the amount above Rs. 4,100,000.

Are there any tax exemptions or deductions available?

Yes, there are various tax exemptions and deductions available, such as:

  • Medical expenses
  • Charitable donations
  • Education expenses
  • Retirement savings (e.g., contributions to provident funds)
These deductions can reduce your taxable income.

How often do income tax slabs change?

Income tax slabs are typically revised annually during the federal budget announcement. However, major changes may occur less frequently, depending on economic conditions and government policies.

What is the difference between taxable income and gross income?

Gross income is your total income before any deductions or exemptions. Taxable income is the amount left after subtracting allowable deductions and exemptions from your gross income. Tax is calculated on the taxable income.

Can I file my taxes online?

Yes, most countries, including Pakistan, offer online tax filing systems. You can file your taxes through the Federal Board of Revenue (FBR) portal or other authorized platforms.

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Salman Khaliq
Salman Khaliqhttps://allpktaxes.com/
Salman is a dedicated writer specializing in taxes and finance. With a deep understanding of financial regulations, tax policies, and money management strategies, he provides valuable insights to help individuals and businesses navigate complex financial matters. His expertise lies in simplifying tax concepts, offering practical advice, and keeping readers informed about the latest financial trends. Through his well-researched articles, Salman aims to empower his audience with the knowledge they need to make informed financial decisions.
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