What are the salary income tax rates in Pakistan for 2010?

Answer 1

Tax Rate for Tay year 2011 are

RATES OF TaX FOR SALARIED PERSONS FOR TAX YEAR 2011

S.# Taxable Income Rate of Tax

**1** Where The Taxable income does not exceed Rs 3, 00,000 0%

**2** B/ W 3, 00,001 To 3, 50,000 0.75%

**3** B/ W 3, 50,001 To 4, 00,000 1.50%

**4** B/W 4, 00,001 To 4, 50,000 2.50%

**5** B/W 4, 50,001 To 5, 50,000 3.50%

**6** B/W 5, 50,001 To 6, 50,000 4.50%

**7** B/W 6, 50,001 To 7, 50,000 6.00%

**8** B/W 7, 50, 0001 To 9, 00,000 7.50%

**9** B/W 9, 00, 0001 To 10, 50,000 9.00%

**10** B/W 10, 50,001 To 12, 00,000 10.00%

**11** B/W 12, 00,001 To 14, 50,000 11.00%

**12** B/W 14, 50,001 To 17, 00,000 12.50%

**13** B/W 17, 00,001 To 19, 50,000 14.00%

**14** B/W 19, 50,001 To 22, 50,000 15.00%

**15** B/W 22, 50,001 To 28, 50,000 16.00%

**16** B/W 28, 50,001 To 35, 50,000 17.00%

**17** B/W 35, 50,000 To 45, 50,000 18.50%

**18** Where the Taxable income Exceeds Rs. 45, 50,000 20.00%

******** Up till now 50% Reduction in tax Applicable if the age of senior citizen is 60 years & income does not exceeds Rs. 10, 00,000.

******** Concession to Full time teachers and Researchers Will be 50% of tax payable.

******** Marginal Relief will be provided if the total income of taxpayer marginally exceeds the maximum limit of a slab in the table. The following procedure will be adopted:

[a]. Total income does not exceed Rs. 5,50,000

Tax payable on maximum of last slab PLUS 20% of the amount exceeding the last slab limit.

[b]. Total income does not exceed Rs. 10,50,000

Tax payable on maximum of last slab PLUS 30% of the amount exceeding the last slab limit.

[c]. Total income does not exceed Rs. 22,50,000

Tax payable on maximum of last slab PLUS 40% of the amount exceeding the last slab limit.

[d]. Total income does not exceed Rs. 45,50,000

Tax payable on maximum of last slab PLUS 50% of the amount exceeding the last slab limit.

[e]. Total income exceed Rs. 45,50,000

Tax payable on maximum of last slab PLUS 60% of the amount exceeding the last slab limit.

The ( lesser amount) of tax Payable Either form Marginal Relief Rule or Original Tax payable.