Tax Year 2022

Income Tax Rates 2022

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Tax Rates

Income Tax Rates for Individuals and Association of Persons in Pakistan for Tax Year 2022 Income Tax rates for individuals and Association of persons are defined in the First Schedule, Part I, Division I, clause (i) of the Income Tax Ordinance 2001. The income tax rates for the Tax Year 2022 are given in the … Read more

What is a Tax Year in Pakistan.

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A tax year in Pakistan is a period of twelve months for which the income of a person or entity is taken for the purpose of taxation and filing income tax returns. The term Tax Year was introduced in Pakistan in the Income Tax Ordinance 2001. Previously, in the ordinance of 1979, the concept of … Read more