Tax Rates in Pakistan for Tax Year 2024-25 | Download Tax Card (Updated with Finance Act 2024)

Tax Rates for Salaried persons (Section 12, 149, First Schedule, Part-I, Division-I)

S#

Taxable Income

Rate of Tax

1

Up to Rs 600,000

0%

2

Rs. 600,001 to Rs. 1,200,000

5% of the amount exceeding Rs. 600,000

3

Rs 1,200,001 to Rs 2,200,000

Rs 30,000 + 15% of the amount exceeding Rs 1,200,000

4

Rs 2,200,001 to Rs 3,200,000

Rs 180,000 + 25% of the amount exceeding Rs 2,200,000

5

Rs 3,200,001 to Rs 4,100,000

Rs 430,000 + 30% of the amount exceeding Rs 3,200,000

6

Above Rs 4,100,000

Rs 700,000 + 35% of the amount exceeding Rs 4,100,000

Director Fee for Board Meeting

20% of Gross Amount

Tax Rates for AOPs and Non-salaried persons (Section 18, First Schedule, Part-I, Division-I)

S#

Taxable Income

Rate of Tax

1

Up to Rs 600,000

0%

2

Rs 600,001 to Rs 1,200,000

15% of the amount exceeding Rs 600,000

3

Rs 1,200,001 to Rs 1,600,000

Rs. 90,000 + 20% of the amount exceeding Rs. 1,200,000

4

Rs 1,600,001 to Rs 3,200,000

Rs. 170,000 + 30% of the amount exceeding Rs. 1,600,000

5

Rs 3,200,001 Rs 5,600,000

Rs. 650,000 + 40% of the amount exceeding Rs. 3,200,000

6

Above Rs 5,600,000

Rs. 1,610,000 + 45%* of the amount exceeding Rs. 5,600,000

*Provided that in case an AOP is a professional firm prohibited from incorporating by any law or the rules of the body regulating their profession, the 45% rate of tax mentioned against serial number 6 of the Table shall be 40%

Surcharge on Tax Payable (Section 4AB, First Schedule, Part-I, Division-I)

On Taxable Income of Individuals (including salaried person) and AOPs exceeding Rs 10M

10% on tax payable

Rates of Tax for Companies (Sections 18, 100A, 113C, First Schedule, Part-I, Division-II)

Small Company

20%

Banking Company

39%

All other Companies

29%

Alternate Corporate Tax

17%

Super Tax on high earning persons (Section 4C, First Schedule, Part-I, Division-IIB)

S#

Taxable Income

Rate of Tax

1

Where income does not exceed Rs.150 M

0% of Income

2

Where income exceeds Rs. 150 M but does not exceed Rs. 200 M

1% of Income

3

Where income exceeds Rs. 200 M but does not exceed Rs. 250 M

2% of Income

4

Where income exceeds Rs. 250 M but does not exceed Rs. 300 M

3% of Income

5

Where income exceeds Rs. 300 M but does not exceed Rs. 350 M

4% of Income

6

Where income exceeds Rs. 350 M but does not exceed Rs. 400 M

6% of Income

7

Where income exceeds Rs. 400 M but does not exceed Rs. 500 M

8% of Income

8

Where income exceeds Rs. 500 M

10% of Income

Rate of Dividend Tax (Section 5, First Schedule, Part-I, Division-III)

Description

Rate

Received from IPPs

7.5%

Received from Mutual Funds, REIT & Others

15%*

Received by a REIT scheme from Special Purpose Vehicle 

0%

Received by others from Special Purpose Vehicle as per REIT Regulations 2015

35%

Received from Companies

25%

*Provided that the rate of tax on dividend received from mutual funds deriving fifty percent or more income from profit on debt shall be 25%.

Rate of Tax on Profit on Debt (Section 7B, First Schedule, Part-I, Division-IIIA)

Description

Rate

Imposed under section 7B (up to Rs 5 million)

15%

Rate of Tax on Return on investment in sukuks received from special purpose vehicle(Section 5AA,

First Schedule, Part-I, Division-IIIB)

Description

Rate

In case of a company

25%

In case of an individual or AOP when profit is more than 1 million

12.5%

In case of an individual or AOP when profit is less than 1 million

10%

Rate of Tax on Certain Payments to Non-Residents (Section 6, First Schedule, Part-I, Division-IV)

Description

Rate

In case of Royalty or Fee for Technical Services

15% of the gross amount

In any other case

10% of the gross amount

Rate of Tax on Shipping or Air Transport Income of a Non-resident Person (Section 7,First Schedule, Part-I, Division-V)

Description

Rate

In case of Shipping Companies

8% of the gross amount  received or receivable

In case of air transport income

3% of the gross amount  received or receivable

Rate of Tax on Capital Gains on disposal of Securities (Section 37A, First Schedule, Part-I, Division- VII)

S#

Description

Rate of Tax on disposal of securities when acquired 

b/w

01.07.2022 to

30.06.2024

on or

after 01.07.2024

Where the holding period:

15% for persons appearing on the ATL on the date of acquisition and the date of disposal of securities and at the rate specified in Division I for individuals and AoPs & Division II for companies in respect of persons not appearing on the ATL on the date of acquisition and date of disposal of securities: Provided that the rate of tax for individuals and AoPs not appearing on the ATL, the rate of tax shall not be less than 15% in any case

1

does not exceed one year

15%

2

exceeds one year but does not exceed two years

12.5%

3

exceeds two years but does not exceed three years

10%

4

exceeds three years but does not exceed four years

7.5%

5

exceeds four years but does not exceed five years

5%

6

exceeds five years but does not exceed six years

2.5%

7

exceeds six years

0%

8

Future Commodity contracts entered into by members of Pakistan Mercantile Exchange

5%

5%

Provided that for securities except at S. No. 8 of the table:

(i)            the rate of 12.5% tax shall be charged on capital gain arising on disposal where the securities are acquired on or after the first day of July, 2013 but on or before the 30th day of June, 2022; and

(ii)           the rate of 0% tax shall be charged on capital gain arising on disposal where the securities are acquired before the first day of July, 2013: 

Provided further that the rate for companies in respect of debt securities shall be as specified in Division II of Part I of the First Schedule:

Provided also that a mutual fund or a collective investment scheme or a REIT scheme shall deduct Capital Gains

Tax at the rates as specified below, on redemption of securities as prescribed, namely: —

Provided also that in case of a stock fund if dividend receipts of the fund are less than capital gains, the rate of tax deduction shall be 15%: Provided also that no capital gain shall be deducted, if the holding period of the security acquired on or before 30^th day of June 2024 is more than six years.

Explanation. – For the removal of doubt, it is clarified that provisions of this proviso shall be applicable only in case of mutual fund or collective investment scheme or a REIT scheme.

Rate of Tax on Capital Gains on disposal of Immoveable Property (Section 37(1A), First Schedule, Part-I, Division-VIII)

S#

Holding Period

Rate of Tax on properties acquired on or before

30.06.2024

Rate of Tax on properties acquired on or after 01.07.2024

Open  Plots

Constr. Property

Flats

Where the holding period:  

15% for persons appearing on the ATL on date of disposal of property and at the rates specified in Division I for individuals and AoPs and Division II for companies in respect of persons not appearing on the ATL on the date of disposal of property: Provided that the rate of tax for individuals and AoPs not appearing on the ATL on the date of disposal, the rate of tax shall not be less than 15% of the gain.

1

does not exceed one year

15%

15%

15%

2

exceeds 1 year but does not exceed 2  years

12.5%

10%

7.5%

3

exceeds 2 years but does not exceed 3  years

10%

7.5%

0

4

exceeds 3 years but does not exceed 4  years

7.5%

5%

–

5

exceeds 4 years but does not exceed 5 years

5%

0

–

6

exceeds 5 years but does not exceed 6  years

2.5%

–

–

7

exceeds 6 years

0%

–

–

Rate of Tax on deemed Income (Section 7E, First Schedule, Part-I, Division-VIIIC)

Description

Rate

Tax on deemed Income

20%

Minimum Turnover Tax (Section 113, First Schedule, Part-I, Division-IX)

Person(s)

Rate

SSGPL and SNGPL (for cases where annual turnover exceeds rupees one billion), PIA, Poultry

0.75%

Oil Refineries, Motorcycle Dealers registered under Sales Tax Act, 1990, Oil Marketing Companies

0.5%

Distributors of Pharmaceutical products, FMCG & Cigarettes, Petroleum Agents, Rice mills, Flour mills dealers, Persons engaged in sale/purchase of used vehicles, Tier-I FMCG retailers integrated with FBR

0.25%

In all other cases

1.25%

Rate of Advance Tax on person deriving income from the business of construction and disposal of buildings, development etc (Section-147, First Schedule, Part-II)

Area in

Karachi,

Lahore and

Islamabad

Hyderabad, Sukkur, Multan, Faisalabad,

Rawalpindi, Gujranwala, Sahiwal, Sialkot,

Bahawalpur, Peshawar, Mardan, Abbottabad, Quetta

Urban Areas not specified in columns (2) and (3)

TAX ON PERSONS FALLING UNDER SECTION 147(5C)(i) FOR COMMERCIAL BUILDINGS

Sq. Ft.

–

–

–

Any size

Rs.250 per Sq. ft.

Rs.230 per Sq. ft.

Rs.210 per Sq. ft.

TAX ON PERSONS FALLING UNDER SECTION 147(5C)(i) FOR RESIDENTIAL BUILDINGS

upto 3000

Rs.80 per Sq. ft.

Rs.65 per Sq. ft.

Rs.50 per Sq. ft.

3000 & above

Rs.125 per Sq. ft.

Rs.110 per Sq. ft.

Rs.100 per Sq. ft.

TAX ON PERSONS FALLING UNDER SECTION 147(5C)(ii)

Sq. Ft.

–

–

–

Any size

Rs.150 per Sq. yd.

Rs.130 per Sq. yd.

Rs.100 per Sq. yd.

TAX ON PERSONS FALLING UNDER SECTION 147(5C)(ii) FOR DEVELOPMENT OF INDUSTRIAL AREA

Sq. Ft.

–

–

–

Any size

Rs.20 per Sq. yd.

Rs.20 per Sq. yd.

Rs.10 per Sq. yd.

Provided that in case of mixed-use buildings having both commercial and residential areas, respective rates mentioned above shall apply:

Provided further that in case of development of plots and constructing buildings on the same plots as one project, both rates shall apply.”;

Rate of Advance Tax at Import Stage (Section-148, First Schedule, Part-II)

Person(s)

Rate

Persons importing goods classified in Part I of Twelfth Schedule

1%

Persons importing goods classified in Part II of Twelfth Schedule

2%

Persons importing goods classified in Part II of Twelfth Schedule in case of commercial importer

3.5%

Persons importing goods classified in Part III of Twelfth Schedule

5.5%

Persons importing goods classified in Part III of Twelfth Schedule, in case of a commercial importer

6%

Manufacturers covered under S.R.O. 1125(I)/2011

1%

Pharmaceutical Imported Finished Goods

4%

Importers of CKD kits of electric vehicles for small cars/SUVs with 50kwh/ below & LCVs with 15/ below

1%

100% increase in amount of tax in case person is not appearing on the Active Taxpayer’s List (ATL)

Rate of Advance Tax on Value of Import of Mobile Phones (Section-148, First Schedule, Part-II)

C & F Value of mobile phone (in US Dollar)

In CBU

CKD/SKD

Up to 30 except smart phones

70

0

Exceeding 30 and up to 100 and smart phones up to 100

100

0

Exceeding 100 and up to 200

930

0

Exceeding 200 and up to 350

970

0

Exceeding 350 and up to 500

5,000

3,000

Exceeding 500

11,500

5,200

Rate of Advance Tax on Salary (Section 149, First Schedule, Part-I, Division-I)

S#

Taxable Income

Rate of Tax

1

Up to Rs 600,000

0%

2

Rs. 600,001 to Rs. 1,200,000

5% of the amount exceeding Rs. 600,000

3

Rs 1,200,001 to Rs 2,200,000

Rs 30,000 + 15% of the amount exceeding Rs 1,200,000

4

Rs 2,200,001 to Rs 3,200,000

Rs 180,000 + 25% of the amount exceeding Rs 2,200,000

5

Rs 3,200,001 to Rs 4,100,000

Rs 430,000 + 30% of the amount exceeding Rs 3,200,000

6

Above Rs 4,100,000

Rs 700,000 + 35% of the amount exceeding Rs 4,100,000

No change in Tax Rates in case person is not appearing on the Active Taxpayer’s List (ATL)

Rate of Advance Tax on Dividends (Section-150, First Schedule, Part-III, Division-I)

Person(s)

Rate

(a) Paid by Independent Power Purchasers (IPPs) where such dividend is a pass-through item

7.5%

(b) In the case of mutual funds, Real Estate Investment Trusts and cases other than those mentioned in clauses (a), (c) and (d):

Provided that the rate of tax on dividend received from mutual funds deriving fifty percent or more income from profit on debt shall be

15%

25%

(c) Dividend received by a REIT scheme from Special Purpose Vehicle

0%

(c) Dividend received by others from Special Purpose Vehicle as per REIT Regulations, 2015

35%

(d) From a company where no tax is payable by such company, due to exemption of income or carry forward of business losses under Part VIII Chapter III or claim of tax credits under Part X of Chapter III

25%

100% increase in amount of tax in case person is not appearing on the Active Taxpayer’s List (ATL)

Profit on Debt (Section-151, First Schedule, Part-III, Division-IA & IB)

Person(s)

Rate

Under Section 151:

Interest (In case of a filer)

15%

Interest (In case of a non-filer)

35%

Rate of Tax on return on investment in sukuks:

In case of a company

25%

In case the sukuk-holder is an individual or an AOP, if the return on investment is more than 1 million

12.5%

In case the sukuk-holder is an individual and an AOP, if the return on investment is less than 1 million

10%

100% increase in amount of tax in case person is not appearing on the Active Taxpayer’s List (ATL)

Payments to non-residents (Section 152, First Schedule, Part III, Division II)

Description

Rate

Royalty or fees for technical services to a non-resident person (sub-section 1)

15%

Execution of a contract or sub-contract, Assembly or installation project including supply of supervisory activities, any other contract for construction or services, contract for advertisement (sub-section 1A)

7%

Insurance Premium/ Re-insurance Premium (sub-section 1AA)

5%

Advertisement Services (relaying from outside Pakistan) (sub-section 1AAA)

10%

Foreign produced commercial (sub-section 1BA)

20%

Fee for off-shore digital services (sub-section 1C)

10%

Capital gain arising on disposal of instruments & Government Securities on:

Banking Company maintaining Special Convertible Rupee Account (SCRA) of a non-resident company having no permanent establishment in Pakistan (sub-section 1D)

10%

Banking Company maintaining Foreign Currency Value Account (FCVA)/non-resident Pakistani Rupee Value Account (NRVA) of a non-resident individual holding POC/NICOP/CNIC (sub-section 1DA)

In case sukuk-holder is a company (sub-section 1DB)

25%

In case the sukuk-holder is an individual or an AOP, if the return on investment is more than 1M

12.5%

In case the sukuk-holder is an individual and an AOP, if the return on investment is less than 1M

10%

Others mentioned in sub-section (2)

20%

Sale of Goods (Other case not covered above)

a) In case of a company 

5%

b) Other cases

5.5%

In case of rendering services: (sub-section 2A(b)) Transport, Freight Forwarding, Air Cargo, Courier, Manpower Outsourcing, Hotel, Security Guard Services, Software Development, IT and IT Enabled services, Tracking, Other Advertisement Services, Share Registrar, Engineering, Warehouse, Car Rental, Asset Management Services, Data Services under license issued by PTA, Training, Telecom Infrastructure

(Tower), Building maintenance, Inspection, Certification, Testing & training, Oilfield

4%

In cases other than above mentioned services: (sub-section 2A(b))

a) In case of company

9%

b) Other Cases

11%

In cases other than sales of goods or rendering of services: (sub-section 2A(c))

a) In case of sportspersons

10%

b) In any other case

8%

100% increase in amount of tax in case person is not appearing on the Active Taxpayer’s List (ATL)

Payments for Goods, Services & Contracts (Section 153, First Schedule, Part III, Division III)

Description

Rate

Rice, Cotton seed oil, edible oils (sub-section (1)(a))

1.5%

In case of a company, payable for toll manufacturing (sub-section (1)(a))

9%

By Individual and AOP, payable for toll manufacturing (sub-section (1)(a))

11%

In case of a company, payable in case other than toll manufacturing

5%

By Individual and AOP, payable in case other than toll manufacturing (sub-section (1)(a))

5.5%

Distributors, Dealers, Sub-Dealers, Wholesalers & Retailers of FMCG, Fertilizer, Electronics (excluding Mobile Phones), Sugar, Cement, Edible Oil, Steel 

In case of Companies

In case of Individuals/AOP

(In case appearing in ATL on both Income & Sales Tax the rate will be 0.25%)

5%

5.5%

Traders of Yarn

0.5%

Distribution of Cigarettes

2.5%

Distribution of Pharmaceutical Products

1%

In case of rendering services: (sub-section 1(b))

transport, freight forwarding, air cargo, courier, manpower outsourcing, Hotel, security guard, software development, IT and IT enabled as defined in section 2, tracking, advertising (other than by print or electronic media), share registrar, engineering including architectural, warehousing, rendered by asset management companies, data services provided under license issued by the PTA, telecommunication infrastructure (tower), car rental, building maintenance, services rendered by PSE and PMEL, inspection, certification, testing and training, oilfield, telecommunication, collateral management, travel and tour services, REIT management, rendered by National Clearing Company of Pakistan Limited

4%

Electronics and Print Media Advertising Services

1.5%

In cases other than above mentioned services: (sub-section 1(b))

a) In case of company

9%

b) Other Cases

11%

 In cases of execution of a contract: (sub-section 1(c))

a) In case of sportspersons

10%

b) In case of a company

7.5%

c) In any other case

8%

Services of dying, stitching etc. by exporters or export house (sub-section 2)

1%

100% increase in amount of tax in case person is not appearing on the Active Taxpayer’s List (ATL)

Exports of Services (Section 154 & 154A, First Schedule, Part III, Division IV & IVA)

Types of Receipts

Rate

Exports of Goods (Section 154, sub-sections (1), (3), (3A), (3B) or (3C)) & Section 153(2)

1%

Export proceeds for tax years 2024 up to tax year 2026 of Computer software or IT services or IT Enabled services by persons registered with Pakistan Software Export Board (Section 154A)

0.25% 

Any other case (Section 154A)

1%

Income from Property (Section 155, First Schedule, Part-III, Division-V)

S#

Taxable Income

Rate of Tax

1

Up to Rs 300,000

0%

2

Rs 300,001 to Rs 600,000

5% of the amount exceeding Rs300,000

3

Rs 600,001 to Rs 2,000,000

Rs 15,000 + 10% of the amount exceeding Rs 600,000

4

More than Rs 2,000,000

Rs 155,000 + 25% of the amount exceeding Rs 2,000,000

In case of companies, Tax Rate for rent of immovable property is 15% of gross rent

100% increase in amount of tax in case person is not appearing on the Active Taxpayer’s List (ATL)

Sale of Petroleum Products (Section 156A, First Schedule, Part III, Division VIA)

Description

Rate

Sale of Petroleum Products to petrol pump operator

12%

100% increase in amount of tax in case person is not appearing on the Active Taxpayer’s List (ATL)

Cash Withdrawals from Bank (Section 231AB, First Schedule, Part IV)

Description

Rate for persons not appearing on ATL

Cash withdrawals exceeding Rs 50,000 per day on aggregate basis from a person whose name is not appearing in the active taxpayers’ list

0.6%

Prizes and Winnings (Section 156, First Schedule, Part III, Division VI)

Description

Rate

On Prize Bonds

15%

On Winning from raffle, lottery, prize on winning quiz or prize offered by a company for promotion of sale

20%

100% increase in amount of tax in case person is not appearing on the Active Taxpayer’s List (ATL)

Advance Tax on Purchase, Registration and Transfer of Motor Vehicles (Section 231B, First Schedule,  Part IV, Division VII)

Under sub-section (1) & (3)

Under sub-section (2)

Engine Capacity

Rate

Engine Capacity

Rate

Up to 850cc

0.5% of the value

Up to 850cc

–

851cc to 1000cc

1% of the value

851cc to 1000cc

Rs 5,000

1001cc to 1300cc

1.5% of the value

1001cc to 1300cc

Rs 7,500

1301cc to 1600cc

2% of the value

1301cc to 1600cc

Rs 12,500

1601cc to 1800cc

3% of the value

1601cc to 1800cc

Rs 18,750

1801cc to 2000cc

5% of the value

1801cc to 2000cc

Rs 25,000

2001cc to 2500cc

7% of the value

2001cc to 2500cc

Rs 37,500

2501cc to 3000cc

9% of the value

2501cc to 3000cc

Rs 50,000

Above 3000cc

12% of the value

Above 3000cc

Rs 62,500

Provided that the value for the purpose of S. Nos. 7 to 9

Provided that in cases where engine capacity is not

of the above Table shall be in case of motor vehicle – (i) imported in Pakistan, the import value assessed by the Customs authorities as increased by customs duty, federal excise duty and sales tax payable at import stage; (ii) manufactured or assembled locally in Pakistan, the invoice value inclusive of all duties and taxes; or

(iii) auctioned, the auction value inclusive of all duties and taxes:

Provided that in cases where engine capacity is not applicable and the value of vehicle is Rupees five million or more, the rate of tax collectible shall be 3% of the import value as increased by customs duty, sales tax and federal excise duty in case of imported vehicles or invoice value in case of locally manufactured or assembled vehicles.

applicable and the value of vehicle is Rupees five million or more, the rate of tax collectible shall be Rupees twenty thousand:

Provided further that the rate of tax to be collected under this clause shall be reduced by ten percent each year from the date of first registration in Pakistan.

Under sub-section (2A)

Up to 1000CC

Rs 100,000

1001CC to 2000CC

Rs 200,000

2001CC and above

Rs 400,000

200% increase in amount of Tax in case person is not appearing on the Active Taxpayer’s List (ATL)

Foreign Domestic Workers (Section 231C)

Description

Rate

From the agency, sponsor or the person employing the services of such foreign national

Rs 200,000

100% increase in amount of tax in case person is not appearing on the Active Taxpayer’s List (ATL)

Brokerage and Commission (Section 233, First Schedule, Part IV, Division II)

Persons

Rate

Advertisement Agents

10%

Life Insurance Agents less than Rs 0.5M

8%

Others

12%

100% increase in amount of tax in case person is not appearing on the Active Taxpayer’s List (ATL)

Tax on Motor Vehicle (Section 234, First Schedule, Part IV, Division III)

Description

Rate

Goods transport vehicles

Rs. 2.5/kg of laden weight

Vehicles above 8,120 kg of laden weight

Rs 1,200 per annum

Passenger Transport Vehicle plying for hire per seat

Capacity

Rs. per seat per annum Non-Air Conditioned

Rs. per seat per annum Air Conditioned

4 or more persons but less than 10 persons

200

375

10 or more persons but less than 20 persons

500

750

20 persons or more

1000

1500

Motor Vehicles (other than Passenger Transport Vehicle) per engine capacity

Engine Capacity

Rate 

Up to 1,000cc

Rs 800

1,001cc to 1,199cc

Rs 1,500

1,200cc to 1,299cc

Rs 1,750

1,300cc to 1,499cc

Rs 2,500

1,500cc to 1,599cc

Rs 3,750

1,600cc to 1,999cc

Rs 4,500

2,000cc and above

Rs 10,000

Motor Vehicles (where the tax is collected in lump sum)

Engine Capacity

Rate 

Up to 1,000cc

Rs 10,000

1,001cc to 1,199cc

Rs 18,000

1,200cc to 1,299cc

Rs 20,000

1,300cc to 1,499cc

Rs 30,000

1,500cc to 1,599cc

Rs 45,000

1,600cc to 1,999cc

Rs 60,000

2,000cc and above

Rs 120,000

100% increase in amount of tax in case person is not appearing on the Active Taxpayer’s List (ATL)

Electricity Consumption (Section 235, First Schedule, Part IV, Division IV)

Gross Amount of Bill

Rate

For Commercial & Industrial Consumers

Up to Rs 500

Rs 0

Exceeds Rs 500 but does not exceed Rs 20,000

10% of the amount

Exceeds Rs 20,000

Rs 1950 plus 12% of the amount exceeding Rs

20,000 for commercial  consumers & Rs 1950 plus

5% of the amount exceeding Rs 20,000 for Industrial consumers

For Domestic Consumers

Less than Rs 25,000

0%

Exceeds Rs 25,000

7.5% of the amount

Telephone and Internet (Section 236, First Schedule, Part IV, Division V)

Description

Rate

In the case of a telephone subscriber (other than mobile phone subscriber) where the amount of monthly bill exceeds Rs. 1,000

10% of the exceeding amount of bill

In the case of subscriber of internet, mobile telephone and prepaid internet or telephone card

15% of the amount of bill or sales price of internet pre-paid card or prepaid telephone card or sale of units through any electronic medium or whatever form:

Provided that in the case of persons mentioned in income tax general order issued under section 114B, the rate of collection of tax shall be 75% of the amount of bill or sale price of internet pre-paid card or prepaid telephone card or sale of units to any electronic medium or whatever form.

No change in Tax Rates in case person is not appearing on the Active Taxpayer’s List (ATL)

Sale by Auction (Section 236A, First Schedule, Part IV, Division VIII)

Description

Rate

Any property or good other than immovable property

10% of Gross Sale Price

In case of Immovable property sold by auction and sale by auction of train management services by Pakistan Railways

5% of Gross Sale Price

100% increase in amount of tax in case person is not appearing on the Active Taxpayer’s List (ATL)

Sale or Transfer of Immovable Property (Section 236C, First Schedule, Part-IV, Division X)

Description

Rate

Where the gross amount of the consideration received does not does not exceed Rs. 50 million

3%

Where the gross amount of the consideration received exceeds Rs. 50 million but does not exceed Rs 100 million

                         3.5%

Where the gross amount of the consideration received exceeds Rs. 100 million

4%

100% increase in amount of tax in case person of Late Filer

10% In case of Non-Filer (Other than Non-resident Pakistani)

TV Plays and advertisements (Section 236CA, First Schedule, Part-IV, Division XA)

Description

Rate

Foreign-produced TV drama serial or play

Rs 1,000,000 per episode

Foreign-produced TV play (Single Episode)

Rs 3,000,000

Advertisement starring foreign Actor

Rs 100,000 per second

Sales to Distributor, Dealer & Wholesalers (Section 236G, First Schedule, Part-IV, Division XIV)

Description

Rate

If the recipient is listed on ATL of both Sales Tax and Income Tax

0.25%

Other than the recipient of Fertilizer supplies

0.1%

0.7% will be charged from recipients of fertilizer in case recipient is not appearing on the both ATL 2% will be charged from other recipients in case recipient is not appearing on the both ATL

Sales to Retailers (Section 236H, First Schedule, Part-IV, Division XIV)

Description

Rate

Advance tax on sales to Retailers

0.5%

500% increase in amount of tax in case person is not appearing on the Active Taxpayer’s List (ATL)

Purchase of Immovable Property (Section 236K, First Schedule, Part-IV, Division XVIII)

Description

Rate

Where the fair market value does not exceed Rs. 50 million

3%

Where the fair market value exceeds Rs. 50 million but does not exceed Rs 100 million

3.5%

Where the fair market value exceeds Rs. 100 million

4%

100% increase in amount of tax in case person of Late Filer

In case of Non-Filer (Other than Non-resident Pakistani)

Where the fair market value does not exceed Rs. 50 million

12%

Where the fair market value exceeds Rs. 50 million but does not exceed Rs 100 million

16%

Where the fair market value exceeds Rs. 100 million

20%

Amount remitted abroad through credit, debit or prepaid cards (Section 236Y, First Schedule, Part-IV, Division XXVII)

Description

Rate

Advance tax on amount remitted abroad through credit, debit or prepaid cards

5%

100% increase in amount of tax in case person is not appearing on the Active Taxpayer’s List (ATL)

 Bonus Shares issued by Companies (Section 236Z)

Description

Rate

On every company, issuing bonus shares to the shareholders of the company

10%

100% increase in amount of tax in case person is not appearing on the Active Taxpayer’s List (ATL)