Here are the Income Tax Slabs for Salaried Individuals in Pakistan 2026-27
Salary Tax Calculator (2026–27)
Salary Tax Slabs according to Budget 2026-27
According to Pakistan’s Federal Budget 2026-27, salaried individuals earning up to Rs. 600,000 annually are exempt from income tax. For incomes exceeding this threshold, tax rates are applied progressively from just 1% on the next Rs. 600,000 to a maximum rate of 35% for annual earnings above Rs. 7 million. This calculator helps you quickly estimate your annual and monthly tax based on the updated tax slabs.
Find below the Salary Income Tax Rates as per Budget 2026-27:
| Taxable Income | Tax Rate in Budget 2026-27 |
|---|---|
| Up to Rs. 600,000 | 0 |
| Rs. 600,001 – Rs. 1,200,000 | 1% of the amount exceeding Rs. 600,000. |
| Rs. 1,200,001 – Rs. 2,200,000 | Rs. 6,000/- + 11% of the amount exceeding Rs. 1,200,000/- |
| Rs. 2,200,001 – Rs. 3,200,000 | Rs. 116,000 + 20% of the amount exceeding Rs. 2,200,000. |
| Rs. 3,200,001 – Rs. 4,100,000 | Rs. 316,000 + 25% of the amount exceeding Rs. 3,200,000. |
| Rs. 4,100,000 – Rs. 5,600,000 | Rs. 541,000 + 29% of the amount exceeding Rs. 4,100,000. |
| Rs. 5,600,000 – Rs. 7,000,000 | Rs. 976,000 + 32% of the amount exceeding Rs. 5,600,000. |
| Above Rs. 7,000,000 | Rs. 1,424,000 + 35% of the amount exceeding Rs. 7,000,000. |
Year-wise Salary Tax Rates
A year-wise salary tax slab comparison is given from 2014-15 to the current year.
Income Tax Slabs – 2026-27
According to the income tax slabs for the year 2026-27, the following slabs and income tax rates will be applicable for salaried individuals:
- Where the taxable salary income does not exceed Rs. 600,000, the rate of income tax is 0%.
- Where the taxable salary income exceeds Rs. 600,000 but does not exceed Rs. 1,200,000, the rate of income tax is 1% of the amount exceeding Rs. 600,000.
- Where the taxable salary income exceeds Rs. 1,200,000 but does not exceed Rs. 2,200,000, the rate of income tax is Rs. 6,000 + 11% of the amount exceeding Rs. 1,200,000.
- Where the taxable salary income exceeds Rs. 2,200,000 but does not exceed Rs. 3,200,000, the rate of income tax is Rs. 116,000 + 20% of the amount exceeding Rs. 2,200,000.
- Where the taxable salary income exceeds Rs. 3,200,000 but does not exceed Rs. 4,100,000, the rate of income tax is Rs. 316,000 + 25% of the amount exceeding Rs. 3,200,000.
- Where the taxable salary income exceeds Rs. 4,100,000 but does not exceed Rs. 5,600,000, the rate of income tax is Rs. 541,000 + 29% of the amount exceeding Rs. 4,100,000.
- Where the taxable salary income exceeds Rs. 5,600,000 but does not exceed Rs. 7,000,000, the rate of income tax is Rs. 976,000 + 32% of the amount exceeding Rs. 5,600,000.
- Where the taxable salary income exceeds Rs. 7,000,000 the rate of income tax is Rs. 1,424,000 + 35% of the amount exceeding Rs. 7,000,000.
Income Tax Slabs – 2025-26
As per the latest income tax regulations for the year 2025–2026, the following slabs and income tax rates will be applicable for salaried individuals:
- Where the taxable salary income does not exceed Rs. 600,000, the rate of income tax is 0%.
- Where the taxable salary income exceeds Rs. 600,000 but does not exceed Rs. 1,200,000, the rate of income tax is 1% of the amount exceeding Rs. 600,000.
- Where the taxable salary income exceeds Rs. 1,200,000 but does not exceed Rs. 2,200,000, the rate of income tax is Rs. 6,000 + 11% of the amount exceeding Rs. 1,200,000.
- Where the taxable salary income exceeds Rs. 2,200,000 but does not exceed Rs. 3,200,000, the rate of income tax is Rs. 116,000 + 23% of the amount exceeding Rs. 2,200,000.
- Where the taxable salary income exceeds Rs. 3,200,000 but does not exceed Rs. 4,100,000, the rate of income tax is Rs. 346,000 + 30% of the amount exceeding Rs. 3,200,000.
- Where the taxable salary income exceeds Rs. 4,100,000, the rate of income tax is Rs. 616,000 + 35% of the amount exceeding Rs. 4,100,000.
Income Tax Slabs – 2024-25
As per the latest income tax regulations for the year 2024-2025, the following slabs and income tax rates will be applicable for salaried persons:
- Where the taxable salary income does not exceed Rs. 600,000, the rate of income tax is 0%.
- Where the taxable salary income exceeds Rs. 600,000 but does not exceed Rs. 1,200,000, the rate of income tax is 5% of the amount exceeding Rs. 600,000.
- Where the taxable salary income exceeds Rs. 1,200,000 but does not exceed Rs. 2,200,000, the rate of income tax is Rs. 30,000 + 15% of the amount exceeding Rs. 1,200,000.
- Where the taxable salary income exceeds Rs. 2,200,000 but does not exceed Rs. 3,200,000, the rate of income tax is Rs. 180,000 + 25% of the amount exceeding Rs. 2,200,000.
- Where the taxable salary income exceeds Rs. 3,200,000 but does not exceed Rs. 4,100,000, the rate of income tax is Rs. 430,000 + 30% of the amount exceeding Rs. 3,200,000.
- Where the taxable salary income exceeds Rs. 4,100,000, the rate of income tax is Rs. 700,000 + 35% of the amount exceeding Rs. 4,100,000.
Income Tax Slabs – 2023-24
As per the Federal Budget 2023-2024 presented by the Government of Pakistan, the following slabs and income tax rates will be applicable for salaried persons for the year 2023-2024:
- Where the taxable salary income does not exceed Rs. 600,000, the income tax rate is 0%.
- Where the taxable salary income exceeds Rs. 600,000 but does not exceed Rs. 1,200,000, the income tax rate is 2.5% of the amount exceeding Rs. 600,000.
- Where the taxable salary income exceeds Rs. 1,200,000 but does not exceed Rs. 2,400,000, the income tax rate is Rs. 15,000 + 12.5% of the amount exceeding Rs. 1,200,000.
- Where the taxable salary income exceeds Rs. 2,400,000 but does not exceed Rs. 3,600,000, the rate of income tax is Rs. 165,000 + 22.5% of the amount exceeding Rs. 2,400,000.
- Where the taxable salary income exceeds Rs. 3,600,000 but does not exceed Rs. 6,000,000, the income tax rate is Rs. 435,000 + 27.5% of the amount exceeding Rs. 3,600,000.
- Where the taxable salary income exceeds Rs. 6,000,000, the income tax rate is Rs. 1,095,000 + 35% of the amount exceeding Rs. 6,000,000.
Income Tax Slabs – 2022-23
As per the Federal Budget 2022-2023 presented by the Government of Pakistan, the following slabs and income tax rates will be applicable for salaried persons for the year 2022-2023:
- Where the taxable salary income does not exceed Rs. 600,000, the rate of income tax is 0%.
- Where the taxable salary income exceeds Rs. 600,000 but does not exceed Rs. 1,200,000, the rate of income tax is 2.5% of the amount exceeding Rs. 600,000
- Where the taxable salary income exceeds Rs. 1,200,000 but does not exceed Rs. 2,400,000, the rate of income tax is Rs. 15,000+12.5% of the amount exceeding Rs. 1,200,000.
- Where the taxable salary income exceeds Rs. 2,400,000 but does not exceed Rs. 3,600,000, the income tax rate is Rs. 165,000 + 20% of the amount exceeding Rs. 2,400,000.
- Where the taxable salary income exceeds Rs. 3,600,000 but does not exceed Rs. 6,000,000, the income tax rate is Rs. 405,000 + 25% of the amount exceeding Rs. 3,600,000.
- Where the taxable salary income exceeds Rs. 6,000,000 but does not exceed Rs. 12,000,000, the rate of income tax is Rs. 1,005,000 + 32.5% of the amount exceeding Rs. 6,000,000.
- Where the taxable salary income exceeds Rs. 12,000,000, the rate of income tax is Rs. 2,955,000 + 35% of the amount exceeding Rs. 12,000,000.
Income Tax Slabs – 2021-22
As per the Federal Budget 2021-2022 presented by the Government of Pakistan, the following slabs and income tax rates will be applicable for salaried persons for the year 2021-2022:
- Where the taxable salary income does not exceed Rs. 600,000, the income tax rate is 0%.
- Where the taxable salary income exceeds Rs. 600,000 but does not exceed Rs. 1,200,000, the income tax rate is 5% of the amount exceeding Rs. 600,000.
- Where the taxable salary income exceeds Rs. 1,200,000 but does not exceed Rs. 1,800,000, the income tax rate is Rs. 30,000 + 10% of the amount exceeding Rs. 1,200,000.
- Where the taxable salary income exceeds Rs. 1,800,000 but does not exceed Rs. 2,500,000, the income tax rate is Rs. 90,000 + 15% of the amount exceeding Rs. 1,800,000.
- Where the taxable salary income exceeds Rs. 2,500,000 but does not exceed Rs. 3,500,000, the income tax rate is Rs. 195,000 + 17.5% of the amount exceeding Rs. 2,500,000.
- Where the taxable salary income exceeds Rs. 3,500,000 but does not exceed Rs. 5,000,000, the income tax rate is Rs. 370,000 + 20% of the amount exceeding Rs. 3,500,000.
- Where the taxable salary income exceeds Rs. 5,000,000 but does not exceed Rs. 8,000,000, the income tax rate is Rs. 670,000 + 22.5% of the amount exceeding Rs. 5,000,000.
- Where the taxable salary income exceeds Rs. 8,000,000 but does not exceed Rs. 12,000,000, the income tax rate is Rs. 1,345,000 + 25% of the amount exceeding Rs. 8,000,000.
- Where the taxable salary income exceeds Rs. 12,000,000 but does not exceed Rs. 30,000,000, the income tax rate is Rs. 2,345,000 + 27.5% of the amount exceeding Rs. 12,000,000.
- Where the taxable salary income exceeds Rs. 30,000,000 but does not exceed Rs. 50,000,000, the income tax rate is Rs. 7,295,000 + 30% of the amount exceeding Rs. 30,000,000.
- Where the taxable salary income exceeds Rs. 50,000,000 but does not exceed Rs. 75,000,000, the income tax rate is Rs. 13,295,000 + 32.5% of the amount exceeding Rs. 50,000,000.
- Where the taxable salary income exceeds Rs. 75,000,000, the income tax rate is Rs. 21,420,000 + 35% of the amount exceeding Rs. 75,000,000.
Income Tax Slabs – 2020-21
As per the Federal Budget 2020-2021 presented by the Government of Pakistan, the following slabs and income tax rates will be applicable for salaried persons for the year 2020-2021:
- Where the taxable salary income does not exceed Rs. 600,000, the rate of income tax is 0%.
- Where the taxable salary income exceeds Rs. 600,000 but does not exceed Rs. 1,200,000, the rate of income tax is 5% of the amount exceeding Rs. 600,000.
- Where the taxable salary income exceeds Rs. 1,200,000 but does not exceed Rs. 1,800,000, the rate of income tax is Rs. 30,000 + 10% of the amount exceeding Rs. 1,200,000.
- Where the taxable salary income exceeds Rs. 1,800,000 but does not exceed Rs. 2,500,000, the rate of income tax is Rs. 90,000 + 15% of the amount exceeding Rs. 1,800,000.
- Where the taxable salary income exceeds Rs. 2,500,000 but does not exceed Rs. 3,500,000, the rate of income tax is Rs. 195,000 + 17.5% of the amount exceeding Rs. 2,500,000.
- Where the taxable salary income exceeds Rs. 3,500,000 but does not exceed Rs. 5,000,000, the rate of income tax is Rs. 370,000 + 20% of the amount exceeding Rs. 3,500,000.
- Where the taxable salary income exceeds Rs. 5,000,000 but does not exceed Rs. 8,000,000, the rate of income tax is Rs. 670,000 + 22.5% of the amount exceeding Rs. 5,000,000.
- Where the taxable salary income exceeds Rs. 8,000,000 but does not exceed Rs. 12,000,000, the rate of income tax is Rs. 1,345,000 + 25% of the amount exceeding Rs. 8,000,000.
- Where the taxable salary income exceeds Rs. 12,000,000 but does not exceed Rs. 30,000,000, the rate of income tax is Rs. 2,345,000 + 27.5% of the amount exceeding Rs. 12,000,000.
- Where the taxable salary income exceeds Rs. 30,000,000 but does not exceed Rs. 50,000,000, the rate of income tax is Rs. 7,295,000 + 30% of the amount exceeding Rs. 30,000,000.
- Where the taxable salary income exceeds Rs. 50,000,000 but does not exceed Rs. 75,000,000, the rate of income tax is Rs. 13,295,000 + 32.5% of the amount exceeding Rs. 50,000,000.
- Where the taxable salary income exceeds Rs. 75,000,000, the rate of income tax is Rs. 21,420,000 + 35% of the amount exceeding Rs. 75,000,000.
Income Tax Slabs – 2019-20
As per the Federal Budget 2019-2020 presented by the Government of Pakistan, the following slabs and income tax rates will be applicable for salaried persons for the year 2019-2020:
- Where the taxable salary income does not exceed Rs. 600,000, the rate of income tax is 0%.
- Where the taxable salary income exceeds Rs. 600,000 but does not exceed Rs. 1,200,000, the rate of income tax is 5% of the amount exceeding Rs. 600,000.
- Where the taxable salary income exceeds Rs. 1,200,000 but does not exceed Rs. 1,800,000, the rate of income tax is Rs. 30,000 + 10% of the amount exceeding Rs. 1,200,000.
- Where the taxable salary income exceeds Rs. 1,800,000 but does not exceed Rs. 2,500,000, the rate of income tax is Rs. 90,000 + 15% of the amount exceeding Rs. 1,800,000.
- Where the taxable salary income exceeds Rs. 2,500,000 but does not exceed Rs. 3,500,000, the rate of income tax is Rs. 195,000 + 17.5% of the amount exceeding Rs. 2,500,000.
- Where the taxable salary income exceeds Rs. 3,500,000 but does not exceed Rs. 5,000,000, the rate of income tax is Rs. 370,000 + 20% of the amount exceeding Rs. 3,500,000.
- Where the taxable salary income exceeds Rs. 5,000,000 but does not exceed Rs. 8,000,000, the rate of income tax is Rs. 670,000 + 22.5% of the amount exceeding Rs. 5,000,000.
- Where the taxable salary income exceeds Rs. 8,000,000 but does not exceed Rs. 12,000,000, the rate of income tax is Rs. 1,345,000 + 25% of the amount exceeding Rs. 8,000,000.
- Where the taxable salary income exceeds Rs. 12,000,000 but does not exceed Rs. 30,000,000, the rate of income tax is Rs. 2,345,000 + 27.5% of the amount exceeding Rs. 12,000,000.
- Where the taxable salary income exceeds Rs. 30,000,000 but does not exceed Rs. 50,000,000, the rate of income tax is Rs. 7,295,000 + 30% of the amount exceeding Rs. 30,000,000.
- Where the taxable salary income exceeds Rs. 50,000,000 but does not exceed Rs. 75,000,000, the rate of income tax is Rs. 13,295,000 + 32.5% of the amount exceeding Rs. 50,000,000.
- Where the taxable salary income exceeds Rs. 75,000,000, the rate of income tax is Rs. 21,420,000 + 35% of the amount exceeding Rs. 75,000,000.
Income Tax Slabs – 2018-19
As per the Federal Budget 2018-2019 presented by the Government of Pakistan, the following slabs and income tax rates will be applicable for salaried persons for the year 2018-2019:
- Where the taxable salary income does not exceed Rs. 400,000, the rate of income tax is 0%.
- Where the taxable salary income exceeds Rs. 400,000 but does not exceed Rs. 800,000, the rate of income tax is Rs. 1,000.
- Where the taxable salary income exceeds Rs. 800,000 but does not exceed Rs. 1,200,000, the rate of income tax is Rs. 2,000.
- Where the taxable salary income exceeds Rs. 1,200,000 but does not exceed Rs. 2,500,000, the rate of income tax is 5% of the amount exceeding Rs. 1,200,000 or Rs. 2,000, whichever is greater.
- Where the taxable salary income exceeds Rs. 2,500,000 but does not exceed Rs. 4,000,000, the rate of income tax is Rs. 65,000 + 15% of the amount exceeding Rs. 2,500,000.
- Where the taxable salary income exceeds Rs. 4,000,000 but does not exceed Rs. 8,000,000, the rate of income tax is Rs. 290,000 + 20% of the amount exceeding Rs. 4,000,000.
- Where the taxable salary income exceeds Rs. 8,000,000, the rate of income tax is Rs. 1,090,000 + 25% of the amount exceeding Rs. 4,800,000.
Income Tax Slabs – 2017-18
As per the Federal Budget 2017-2018 presented by the Government of Pakistan, the following slabs and income tax rates will be applicable for salaried persons for the year 2017-2018:
- Where the taxable salary income does not exceed Rs. 400,000, the rate of income tax is 0%.
- Where the taxable salary income exceeds Rs. 400,000 but does not exceed Rs. 500,000, the rate of income tax is 2% of the amount exceeding Rs. 400,000.
- Where the taxable salary income exceeds Rs. 500,000 but does not exceed Rs. 750,000, the rate of income tax is Rs. 2,000 + 5% of the amount exceeding Rs. 500,000.
- Where the taxable salary income exceeds Rs. 750,000 but does not exceed Rs. 1,400,000, the rate of income tax is Rs. 14,500 + 10% of the amount exceeding Rs. 750,000.
- Where the taxable salary income exceeds Rs. 1,400,000 but does not exceed Rs. 1,500,000, the rate of income tax is Rs. 79,500 + 12.5% of the amount exceeding Rs. 1,400,000.
- Where the taxable salary income exceeds Rs. 1,500,000 but does not exceed Rs. 1,800,000, the rate of income tax is Rs. 92,000 + 15% of the amount exceeding Rs. 1,500,000.
- Where the taxable salary income exceeds Rs. 1,800,000 but does not exceed Rs. 2,500,000, the rate of income tax is Rs. 137,000 + 17.5% of the amount exceeding Rs. 1,800,000.
- Where the taxable salary income exceeds Rs. 2,500,000 but does not exceed Rs. 3,000,000, the rate of income tax is Rs. 259,500 + 20% of the amount exceeding Rs. 2,500,000.
- Where the taxable salary income exceeds Rs. 3,000,000 but does not exceed Rs. 3,500,000, the rate of income tax is Rs. 359,500 + 22.5% of the amount exceeding Rs. 3,000,000.
- Where the taxable salary income exceeds Rs. 3,500,000 but does not exceed Rs. 4,000,000, the rate of income tax is Rs. 472,000 + 25% of the amount exceeding Rs. 3,500,000.
- Where the taxable salary income exceeds Rs. 4,000,000 but does not exceed Rs. 7,000,000, the rate of income tax is Rs. 597,000 + 27.5% of the amount exceeding Rs. 4,000,000.
- Where the taxable salary income exceeds Rs. 7,000,000, the rate of income tax is Rs. 1,422,000 + 30% of the amount exceeding Rs. 7,000,000.
Income Tax Slabs – 2016-17
As per the Federal Budget 2016-2017 presented by the Government of Pakistan, the following slabs and income tax rates will be applicable for salaried persons for the year 2016-2017:
- Where the taxable salary income does not exceed Rs. 400,000, the rate of income tax is 0%.
- Where the taxable salary income exceeds Rs. 400,000 but does not exceed Rs. 500,000, the rate of income tax is 2% of the amount exceeding Rs. 400,000.
- Where the taxable salary income exceeds Rs. 500,000 but does not exceed Rs. 750,000, the rate of income tax is Rs. 2,000 + 5% of the amount exceeding Rs. 500,000.
- Where the taxable salary income exceeds Rs. 750,000 but does not exceed Rs. 1,400,000, the rate of income tax is Rs. 14,500 + 10% of the amount exceeding Rs. 750,000.
- Where the taxable salary income exceeds Rs. 1,400,000 but does not exceed Rs. 1,500,000, the rate of income tax is Rs. 79,500 + 12.5% of the amount exceeding Rs. 1,400,000.
- Where the taxable salary income exceeds Rs. 1,500,000 but does not exceed Rs. 1,800,000, the rate of income tax is Rs. 92,000 + 15% of the amount exceeding Rs. 1,500,000.
- Where the taxable salary income exceeds Rs. 1,800,000 but does not exceed Rs. 2,500,000, the rate of income tax is Rs. 137,000 + 17.5% of the amount exceeding Rs. 1,800,000.
- Where the taxable salary income exceeds Rs. 2,500,000 but does not exceed Rs. 3,000,000, the rate of income tax is Rs. 259,500 + 20% of the amount exceeding Rs. 2,500,000.
- Where the taxable salary income exceeds Rs. 3,000,000 but does not exceed Rs. 3,500,000, the rate of income tax is Rs. 359,500 + 22.5% of the amount exceeding Rs. 3,000,000.
- Where the taxable salary income exceeds Rs. 3,500,000 but does not exceed Rs. 4,000,000, the rate of income tax is Rs. 472,000 + 25% of the amount exceeding Rs. 3,500,000.
- Where the taxable salary income exceeds Rs. 4,000,000 but does not exceed Rs. 7,000,000, the rate of income tax is Rs. 597,000 + 27.5% of the amount exceeding Rs. 4,000,000.
- Where the taxable salary income exceeds Rs. 7,000,000, the rate of income tax is Rs. 1,422,000 + 30% of the amount exceeding Rs. 7,000,000.
Income Tax Slabs – 2015-16
As per the Federal Budget 2015-2016 presented by the Government of Pakistan, the following slabs and income tax rates will be applicable for salaried persons for the year 2015-2016:
- Where the taxable salary income does not exceed Rs. 400,000, the rate of income tax is 0%.
- Where the taxable salary income exceeds Rs. 400,000 but does not exceed Rs. 500,000, the rate of income tax is 2% of the amount exceeding Rs. 400,000.
- Where the taxable salary income exceeds Rs. 500,000 but does not exceed Rs. 750,000, the rate of income tax is Rs. 2,000 + 5% of the amount exceeding Rs. 500,000.
- Where the taxable salary income exceeds Rs. 750,000 but does not exceed Rs. 1,400,000, the rate of income tax is Rs. 14,500 + 10% of the amount exceeding Rs. 750,000.
- Where the taxable salary income exceeds Rs. 1,400,000 but does not exceed Rs. 1,500,000, the rate of income tax is Rs. 79,500 + 12.5% of the amount exceeding Rs. 1,400,000.
- Where the taxable salary income exceeds Rs. 1,500,000 but does not exceed Rs. 1,800,000, the rate of income tax is Rs. 92,000 + 15% of the amount exceeding Rs. 1,500,000.
- Where the taxable salary income exceeds Rs. 1,800,000 but does not exceed Rs. 2,500,000, the rate of income tax is Rs. 137,000 + 17.5% of the amount exceeding Rs. 1,800,000.
- Where the taxable salary income exceeds Rs. 2,500,000 but does not exceed Rs. 3,000,000, the rate of income tax is Rs. 259,500 + 20% of the amount exceeding Rs. 2,500,000.
- Where the taxable salary income exceeds Rs. 3,000,000 but does not exceed Rs. 3,500,000, the rate of income tax is Rs. 359,500 + 22.5% of the amount exceeding Rs. 3,000,000.
- Where the taxable salary income exceeds Rs. 3,500,000 but does not exceed Rs. 4,000,000, the rate of income tax is Rs. 472,000 + 25% of the amount exceeding Rs. 3,500,000.
- Where the taxable salary income exceeds Rs. 4,000,000 but does not exceed Rs. 7,000,000, the rate of income tax is Rs. 597,000 + 27.5% of the amount exceeding Rs. 4,000,000.
- Where the taxable salary income exceeds Rs. 7,000,000, the rate of income tax is Rs. 1,422,000 + 30% of the amount exceeding Rs. 7,000,000.
Income Tax Slabs – 2014-15
As per the Federal Budget 2014-2015 presented by the Government of Pakistan, the following slabs and income tax rates will be applicable for salaried persons for the year 2014-2015:
- Where the taxable salary income does not exceed Rs. 400,000, the rate of income tax is 0%.
- Where the taxable salary income exceeds Rs. 400,000 but does not exceed Rs. 750,000, the rate of income tax is 5% of the amount exceeding Rs. 400,000.
- Where the taxable salary income exceeds Rs. 750,000 but does not exceed Rs. 1,400,000, the rate of income tax is Rs. 17,500 + 10% of the amount exceeding Rs. 750,000.
- Where the taxable salary income exceeds Rs. 1,400,000 but does not exceed Rs. 1,500,000, the rate of income tax is Rs. 82,500 + 12.5% of the amount exceeding Rs. 1,400,000.
- Where the taxable salary income exceeds Rs. 1,500,000 but does not exceed Rs. 1,800,000, the rate of income tax is Rs. 95,000 + 15% of the amount exceeding Rs. 1,500,000.
- Where the taxable salary income exceeds Rs. 1,800,000 but does not exceed Rs. 2,500,000, the rate of income tax is Rs. 140,000 + 17.5% of the amount exceeding Rs. 1,800,000.
- Where the taxable salary income exceeds Rs. 2,500,000 but does not exceed Rs. 3,000,000, the rate of income tax is Rs. 262,500 + 20% of the amount exceeding Rs. 2,500,000.
- Where the taxable salary income exceeds Rs. 3,000,000 but does not exceed Rs. 3,500,000, the rate of income tax is Rs. 362,500 + 22.5% of the amount exceeding Rs. 3,000,000.
- Where the taxable salary income exceeds Rs. 3,500,000 but does not exceed Rs. 4,000,000, the rate of income tax is Rs. 475,000 + 25% of the amount exceeding Rs. 3,500,000.
- Where the taxable salary income exceeds Rs. 4,000,000 but does not exceed Rs. 7,000,000, the rate of income tax is Rs. 600,000 + 27.5% of the amount exceeding Rs. 4,000,000.
- Where the taxable salary income exceeds Rs. 7,000,000, the rate of income tax is Rs. 1,425,000 + 30% of the amount exceeding Rs. 7,000,000.
