What are the salary income tax rates in Pakistan for 2011?

Answer 1

Posted By:

Junaid Khan

Wah Cantt.

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.

b

Answer 2

Basicaly if we see then we are mulism and also live in a muslim counntry. so by the islamic point of view tax collecting is a not good source. so we should pay to zakat as compare to tax. By this way we can clean our income and also help to remove our country poverty line. And by the tax collecting we see many coruuption some people not paid tax or eatiher they paid then our leader take it and use in wrong way.

== ans ==

The mumbo jumbo blathering of the previous poster just makes one have to ask...as this claiming tax and the society needs are handled as a grand Muslim religious obligation so it overcomes the problems found in the rest of the world...How'sthat working out for you?

Isn't Pakistan, if known for anything (and certainly there is no actual contributions to mankind over the eons that come to mind) would be - one of the grandest conglomerations of a corrupt dishonest people, perpetually killing each other and others (and apparently putting the greatest importance and resource to making sure they have already antiquated bombs to command "respect" from others), where an overwhelming majority of people live in abject poverty, under fed, uneducated, underserved medically and every other way, with little or no chance of bettering themselves or their futures (and certainly not others); but yet finding ample faults with others and those faults adequate reasons to blame everyone else for their condition. Really a funny situation as it has to be caused by all the things your promoting here and present in that absurd, demeaning attitude.

Answer 3

what is exemption amount for salaried woman for tax year 2012 and what are slab rate for salaried person

Answer 4

if any employee on contract basis then his income tax rate

Answer 5

20%