Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Islamabad

FBR updates tax rate for salary persons for up to March 9

byCT Report
26/04/2019
in Islamabad, Latest News
Share on FacebookShare on Twitter

ISLAMABAD: Federal Board of Revenue (FBR) has updated tax rate for salary persons as per Finance Supplementary (Second Amendment) Act, 2019. The tax card is updated up to March 09, 2019.

The FBR said that persons responsible for paying salary are required to collect tax from employees under Section 149 of Income Tax Ordinance, 2001 at the time salary is actually paid.

You might also like

Commerce ministry seeks one-year ban on transfer of used cars imported by overseas Pakistanis

14/11/2026

Pakistan extends 40.47pc anti-dumping duty to Galvalume steel imports from China

14/11/2026

Every person responsible for paying salary to an employee shall deduct tax from the amount paid:

  1. Where the taxable income does not exceed Rs400,000: zero percent
  2. Where the taxable income exceeds Rs400,000 but does not exceed Rs800,000: Rs1,000
  3. Where the taxable income exceeds Rs800,000 but does not exceed Rs1,200,000: Rs2,000
  4. Where the taxable income exceeds Rs1,200,000 but does not exceed Rs2,500,000: 5 percent of the amount exceeding Rs1,200,000.
  5. Where the taxable income exceeds Rs2,500,000 but does not exceed Rs4,000,000: Rs 65,000/- + 15 percent of the amount exceeding Rs2,500,000.
  6. Where the taxable income exceeds Rs4,000,000 but does not exceed Rs8,000,000: Rs290,000/- + 20 percent of the amount exceeding Rs4,000,000.
  7. Where the taxable income exceeds Rs8,000,000: Rs1,090,000/- + 25 percent of the amount exceeding Rs4,800,000.

Provided that where the taxable income exceeds Rs800,000/- the minimum tax payable shall be Rs2,000/-.

 

Related Stories

Commerce ministry seeks one-year ban on transfer of used cars imported by overseas Pakistanis

byCT Report
14/11/2026

ISLAMABAD: The Ministry of Commerce has asked provincial governments to strictly enforce the one-year restriction on transferring used vehicles imported...

Pakistan extends 40.47pc anti-dumping duty to Galvalume steel imports from China

byCT Report
14/11/2026

KARACHI: The National Tariff Commission (NTC) has extended the existing 40.47% anti-dumping duty on Chinese galvanised steel to imports of...

FBR assessment exposes major gaps in tax officers’ competence

byCT Report
14/11/2026

KARACHI: An assessment conducted by the Federal Board of Revenue (FBR) has identified significant weaknesses in the ability of inland...

PLL invites bids for two LNG cargoes

byCT Report
14/11/2026

KARACHI: State-owned Pakistan LNG Limited (PLL) has invited bids from reputed international suppliers for the delivery of two liquefied natural...

Next Post

Govt places names of Shahid Khaqan Abbasi, Miftah Ismail on ECL

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.