Revised Income Tax Slab 2022 according to new salaries of employees

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As we know, the federal government presented the budget for the financial year 2022-23 in June 2022. During the representation of Budget 2022, the government announced all necessary changes in all departments. Therefore, the government announced an increase in the monthly salaries of government employees. You can view the revised Pay Scale Chart 2022 through our website.

However, with the increase in salaries, the government also increased taxes for the salaried class. According to sources, the government decided to increase taxes at the request of the IMF. The International Monetary Fund (IMF) has called for tax cuts after changing the criteria for tax deductions for salaries after withdrawing relief provided during the 2022 budget.

Revised Income Tax Rate 2022

Thus, the Federal Board of Revenue (FBR) has now presented the criteria for a revised tax decision on salaries based on June 25, 2022, on the instructions of the IMF. Thus, below we have provided the latest tax slabs for Income Tax 2022 for all salaried class.

Monthly salary Tax
Salary under Rs. 50,000 per month No taxes.
More than Rs. 50,000 but less than Rs. 100,000 per month 2.5% of the amount after Rs. 50,000
PKR over 100,000 but less than 200,000 per month 12.5% ​​of amount above PKR 15,000 +. 1,200,000
More than Rs. 200,000 but less than Rs. 300,000 per month PKR 165,000 + 20% of the amount above Rs. 2,400,000
More than Rs. 300,000 but less than Rs. 500,000 per month PKR 405,000 + 25% of the amount above Rs. 3,600,000
More than Rs. 500,000 but less than Rs. 1,000,000 per month PKR of amount over Rs. 1,005,000 + 32.5%. 6,000,000
More than Rs. 1,000,000 per month PKR 2955,000 + 35% of the amount above Rs. 12,000,000 each year
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