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    A TAX YEAR: 2017

    Uploaded by

    FARWA KANWAL
    This document contains tax rate tables for different types of income in Pakistan for tax year 2017, including salary income, business income, property income, capital gains, and agricultural income. The salary income table shows a taxable amount of 602,225 with a total tax of 7,111. The business income table shows a taxable amount of 78,269 with no total tax. The PTR income table shows a taxable amount of 187,500 with a total tax of 1,715,000.

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    A TAX YEAR: 2017

    Uploaded by

    FARWA KANWAL
    20 views5 pages
    This document contains tax rate tables for different types of income in Pakistan for tax year 2017, including salary income, business income, property income, capital gains, and agricultural income. The salary income table shows a taxable amount of 602,225 with a total tax of 7,111. The business income table shows a taxable amount of 78,269 with no total tax. The PTR income table shows a taxable amount of 187,500 with a total tax of 1,715,000.

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    This document contains tax rate tables for different types of income in Pakistan for tax year 2017, including salary income, business income, property income, capital gains, and agricultural income. The salary income table shows a taxable amount of 602,225 with a total tax of 7,111. The business income table shows a taxable amount of 78,269 with no total tax. The PTR income table shows a taxable amount of 187,500 with a total tax of 1,715,000.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    20 views5 pages

    A TAX YEAR: 2017

    Uploaded by

    FARWA KANWAL
    This document contains tax rate tables for different types of income in Pakistan for tax year 2017, including salary income, business income, property income, capital gains, and agricultural income. The salary income table shows a taxable amount of 602,225 with a total tax of 7,111. The business income table shows a taxable amount of 78,269 with no total tax. The PTR income table shows a taxable amount of 187,500 with a total tax of 1,715,000.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    of 5

    a

    TAX YEAR: 2017


    Taxable Amount: 602,225 Total Tax: 7,111.00 2,844.40

    Sr. No. Rate Flat Tax Fix Tax


    From To
    1 - 400,000 - -
    2 400,000 500,000 2.00 - -
    3 500,000 750,000 5.00 7,111.00 2,000
    4 750,000 1,400,000 10.00 - 14,500
    5 1,400,000 1,500,000 12.50 - 79,500
    6 1,500,000 1,800,000 15.00 - 92,000
    7 1,800,000 2,500,000 17.50 - 137,000
    8 2,500,000 3,000,000 20.00 - 259,500
    9 3,000,000 3,500,000 22.50 - 359,500
    10 3,500,000 4,000,000 25.00 - 472,000
    11 4,000,000 7,000,000 27.50 - 597,000
    12 7,000,000 - 30.00 - 1,422,000

    BUSINESSS INCOME
    TAX YEAR: 2017
    Taxable Amount: 78,269 Total Tax: -
    Amount
    Sr. No. Rate Flat Tax Fix Tax
    From To
    1 - 400,000 - -
    2 400,000 500,000 7 -
    3 500,000 750,000 10 - 7,000
    4 750,000 1,500,000 15 - 32,000
    5 1,500,000 2,500,000 20 - 144,500
    6 2,500,000 4,000,000 25 - 344,500
    7 4,000,000 6,000,000 30 - 719,500
    8 6,000,000 - 35 - 1,319,500

    CALCULATION OF PTR INCOME


    TAX YEAR: 2017
    Taxable Amount: 187,500 Total Tax: 1,715,000.00 1,527,500.00
    Amount
    Sr. No. Rate Flat Tax Fix Tax
    From To
    1 - 7,000 7 - 400,000
    2 7,000 32,000 10 - 500,000
    3 32,000 144,500 15 - 750,000
    4 144,500 344,500 20 1,715,000.00 1,500,000
    5 344,500 719,500 25 - 2,500,000
    6 719,500 1,319,500 30 - 4,000,000
    7 1,319,500 - 35 - 6,000,000
    PROPERTY INCOME
    TAX YEAR: 2017
    Taxable Amount: 500,000 Total Tax: 15,000 485,000
    Amount
    Sr. No. Rate Flat Tax Fix Tax
    From To
    1 - 200,000 - -
    2 200,000 600,000 5 15,000 -
    3 600,000 1,000,000 10 - 20,000
    4 1,000,000 2,000,000 15 - 60,000
    5 2,000,000 - 20 - 210,000

    PROFIT ON DEBT
    TAX YEAR: 2017
    Taxable Amount: - Total Tax: -
    Amount
    Sr. No. Rate Flat Tax Fix Tax
    From To
    1 - 25,000,000 10.00 -
    2 25,000,000 50,000,000 12.50 - 2,500,000
    3 50,000,000 - 15.00 - 5,625,000

    MINMUMT TAX
    1 Normal 1%
    2 Flour Mills 0.20%
    3 Rice Mills & Dealrs 0.20%
    4 FMC DISTRIBUTOR 0.20%
    5 Petroleum Dealer 0.20%
    6 Fertilizer Dealer 0.50%
    7 Poultry Industry 0.50%

    AGRICULUTURAL INCOME TAX


    TAX YEAR: 2016
    Taxable Amount: 1,000,000 Total Tax: 115,500
    Sr. No. Rate Flat Tax Fix Tax
    From To
    1 - 80,000.00 - -
    1 80,000.00 180,000.00 5.00 - -
    2 180,000.00 280,000.00 7.50 - 5,000
    3 280,000.00 380,000.00 10.00 - 12,500
    380,000.00 15.00 115,500 22,500

    AGRICULUTURAL INCOME NFROM AGRI TAX


    TAX YEAR: 2017
    Tax: 13,500 Income: 290,000 276,500
    Amount
    Sr. No. Rate FLAT INCOME Fix Income
    From To
    1 - 5,000.00 5.00 - 80,000
    1 5,000.00 12,500.00 7.50 - 180,000
    2 12,500.00 22,500.00 10.00 290,000 280,000
    3 22,500.00 - 15.00 - 380,000
    1,527,500
    381875
    884,500

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