Income Tax Rates for Rental Income of Individuals , AoP & Companies
Income Tax Rates for Rental Income of Individuals , AoP & Companies
For the tax year 2023-2024 in Pakistan, the income tax rates for rental income differ for individuals, Associations of Persons (AoP), and companies
SlabsRates
Upto 300,0000%
300,001 – 600,0005% exceeding 300,000
600,001 – 2,000,00015,000 + 10% exceeding 600,000
Exceeding 2,000,000155,000 + 25% exceeding 2,000,000
Tax Rates for Rent of Immovable property for companies is15 % of Gross Rent

Leave a Reply

Your email address will not be published. Required fields are marked *