Rental Income Tax Rates 2023-24

Rental Income Tax 2023-24

Rental Income Tax Rates in Pakistan for Tax Year 2024 Income generated from renting out properties, such as land or buildings, is subject to taxation by the guidelines outlined in sections 15 and 16 of the Income Tax Ordinance 2001. The rental income tax rates for income during the fiscal year 2023-24 are specified in … Read more

Capital Gain Tax on Securities 2023

capital gain tax

Capital gain tax 2023 on the gain or profit earned on the disposal of securities is taxable at the rates as specified in Division VII of Part I of the First Schedule of the Income Tax Ordinance 2001. The capital gain tax 2023 on the sale of securities is described in Section 37-A of the … Read more