In its maiden price range 2022-23, the coalition authorities made some modifications to the revenue tax assortment slab and exempted these incomes as much as Rs100,000 monthly.
Presenting the price range, Finance Minister Miftah Ismail stated the yearly revenue tax threshold has been elevated from Rs600,000 to Rs1.2 million.
This proposal successfully means there will probably be no revenue tax on people incomes as much as Rs100,000 a month.
The desk beneath provides particulars on the tax charges relevant on revised revenue slabs in Pakistan.