FOSTERING FINANCIAL EXCELLENCE

TAX RATE CARD - TAX YEAR 2021-22

Descrip on Descrip on U/S Filer Non Filer

U/S Rates of Tax
For Salaried Individuals having Salary Income more than 75% of Taxable Income Immpvable property sale and purchase
Advance tax on buyer 236K 1% 2%
Upto 600,000 0%
Advance tax on seller holding < 4 Y 1% 2%
600,001 - 1,200,000 5% on > 600 K 236C
Advance tax on seller holding > 4 Y 0%
1,200,001 - 1,800,000 30 K plus 10% on > PKR 1.2 M Gain on sale of Immpvable property Gain taxable Gain taxable rate
1,800,001-2,500,000 90 K plus 15% on > PKR 1.8 M Sold within 1 Y 100 % taxable
Upto 5 Mil 3.5%
2,500,001 - 3,500,000 195 K plus 17.5% on > PKR 2.5 M Sold a er 1 Y but not exceeding 2 Y 75 % taxable
Upto 10 Mil 7.5%
3,500,000 - 5,000,000 370 K plus 20% on > PKR 3.5 M Sold a er 2 Y but not exceeding 3 Y 37A 50 % taxable
149 Upto 15 Mil 10%
Sold a er 3 Y but not exceeding 4 Y 25 % taxable
5,000,001 - 8,000,000 670 K plus 22.5% on > PKR 5 M > 15 Mil 15%
Sold a er 4 Y 0 % taxable
8,000,001 - 12,000,000 1.345 M plus 22.5% on > PKR 8 M
12,000,001 - 30,000,000 2.345 M plus 27.5% on > PKR 12 M Descrip on U/S Filer Non Filer
Advance tax on sale by auc on
30,000,001 - 50,000,000 7.295 M plus 30% on > PKR 30 M Sale of immovable property by auc on 5% 10%
50,000,001 - 75,000,000 13.295 M plus 32.5% on > PKR 50 M 236A
Sale of other than immovable property by auc on 10% 20%
Above 75,000,000 21.420 M plus 35% on > PKR 75 M Advance tax charged by local educa onal ins tu on 236I 0% 5%
Other than Salaried Individuals Advance tax on telephone suscriber and internet
Monthly bill upto 1000 0% 0%
Upto 400,000 0
Monthly bill > 1000 236 10% 10%
400,001 - 600,000 5% on > 400 K internet, mobile telephone, prepaid card or telephone 10% 10%
600,001 - 1,200,000 10 K + 10% on > PKR 600 K Dividend
1,200,001-2,400,000 70 K + 15% on > PKR 1.2 M Received from mutual fund, REIT and Others
150
15% 30%
18 Received from Companies 25% 50%
2,400,001 - 3,000,000 250 K + 20% on > PKR 2.4 M
Profit on Debt 151 15% 30%
3,000,001 - 4,000,000 370 K + 25% on > PKR 3 M
Return on investment in sukuks
4,000,001 - 6,000,000 620 K + 30% on > PKR 4 M Received by Company 25% 50%
Above 6,000,000 1.220 M + 35% on > PKR 6 M Received by IND, AOP if profit is < 1M 251 (1A) 10% 20%
Received by IND, AOP if profit is > 1M 12.5% 25%
Companies Individual / AOP Tax at import stage
Descrip on U/S Impor ng goods classified in Part I of the 12th schedule 1% 2%
Filer Non Filer Filer Non Filer Impor ng goods classified in Part II of the 12th schedule 148 2% 4%
GOODS, SERVICES & CONTRACTS U/S 153 Services excluding (Electronic and Print Media Adver sing Services, Contracts, 5.5% 11%
Sportsman and tching, Dying, Prin ng, Embroidery etc.) (if Annual srvices > 30K)
Rice, Co on Seed Oil, Edible Oils (if Annual Supplies > 75K) 1.50% 3% 1.50% 3% Payments to non resident
Other Goods including Toll Manufacturing (if Annual Supplies > 75K) 4% 8% 4.50% 9% Royalty or Fee for Technical Services 152(1) 15% 30%
Construc on and Related Services
153(1)(a)
Distributor, Wholesaler, Retailer, Dealer, and Sub-Dealer of FMCG, Fer lizer, electronics 0.25% 8% 0.25% 9% 152(1A) 7%
excluding mobile phones, sugar, Cement and Edible Oil (if Annual Supplies > 75K) S tching, Dying, Prin ng, Embroidery etc
Traders of Yarn 0.50% 1% 0.50% 1% Media Person Adver sement Services 152(1AAA) 10% 10%
Fee for Offshore Digital Services 152(1C) 5% 5%
Services excluding (Electronic and Print Media Adver sing Services, Contracts,
3% 6% 3% 6% Export other than export comission 152(2) 20% 40%
Sportsman and s tching, Dying, Prin ng, Embroidery etc.) (if Annual services > 30K) 153(1)(b) Sales to distributor, dealer and wholesaler (Other than Fer lizer) 0.1% 0.2%
236G
Electronic and Print Media Adver sing Services 1.50% 3% 1.50% 3% Sales to distributor, dealer and wholesaler of Fer lizer 0.25% 0.70%
Contracts (if Annual Contract > 10K) 6.50% 13% 7% 14% Sale to retailers 236H 0.5% 1.0%
153(1)(c)
Sportsman N/A 10% 20% Descrip on U/S
Companies IND/AOP
S tching, Dying, Prin ng, Embroidery etc. 153(2) 1% 2% 1% 2% Filer Non Filer Filer Non Filer
Supply of Goods 4% 4% 4.5% 4.5%
Exports U/S 154 Services 8% 16% 10% 20%
152(2A)
Contract 7% 14% 7% 14.0%
154
Export other than export commission 1% Sportsman N/A 10% 20%
(1,3,3A,3B,4A)
Export Commission 154(2) 5% Transport Services, Freight Forwarding Services, Air Cargo Services,
Courier Services, Manpower Outsourcing Services, Hotel Services,
Property income Rent U/S 155 Companies Security Guard Services, So ware Development Services, IT Services and
U/S
Filer Non Filer IT Enabled Services, Tracking Services, Adver sing Services (Other than 152(5)(I) 3% 6% 3% 6%
Rent (Companies) 15% 30% Print/Electronic Media), Share Registrar Services, Engineering Services,
(Individual / AOP) Car Rental Services, Building Maintenance Services, Services Rendered by
Pakistan Stock Exchange Limited and Pakistan Mercan le Exchange
Rent (Individual / AOP) Filer Non Filer Limited, Inspec on, Cer fica on, Tes ng, Training Services
<= 300,000 155 Nil Nil
Mimimum tax
300,001 to 600,000 5% on > 300,000 10% on > 300,000
OMC, SSGC and SNGPL when Turnover > 1Billion
600,001 to 2,000,000 15 K + 10% on > 600 K 30 K + 20% on > 600 K 0.75%
PIA and Ppulty Industry
2,000,001 and above 155 K + 25% on > 2 M 310 K + 50% on > 2 M Oil refinary and Motercycle dealers registered under Sales tax act 0.50%
Distributor of pharmacu cal prodcuts, FMCG and Cigare es 0.25%
Companies / Individual / AOP
U/S Petroleum agents and distributor registered under sale taxs act, Rice 113
PRIZE & WINNINGS U/S 156 Filer Non Filer mills and dealers, Flour mills, person running online marketplace clause,
0.25%
Prize Bonds 15% 30% Tire 1 retailer of FMCG, person engaged in sale and purchase of used
156
Prizes, Winning, Lo ery & Raffles 20% 40% vehicle
In all other cases 1.25%
PETROL AND CNG U/S 156A
Petrol & Petroleum Products 156A 12% 24% Super tax Only on Banking Companies @ 4%
 FOSTERING FINANCIAL EXCELLENCE

TAX RATE CARD - TAX YEAR 2021-22

Descrip on U/S Rates of Tax Sales Tax Withholding Rate

Sr.
Tax on Builders & Developers (First Schedule) Withholding Agent Supplier Category Rate of Tax to be Withheld
No.
Tax on Builders (a) Federal and Provincial Government departments; autonomous bodies; and public sector organiza ons
1 Registered Persons 1/5th of Sales Tax as shown on invoice
For Commercial Builders (b) Companies as defined in the Income Tax Ordinance, 2001 (i.e.FTN holders)
Karachi, Lahore & Islamabad (a) Federal and Provincial Government departments; autonomous bodies; and public sector organiza ons Persons registered as wholesaler,
2 1/10th of Sales Tax as shown on invoice
Hyderabad, Sukkur, Multan, Faisalabad, Rawalpindi, Gujranwala, Sahiwal, dealer or distributor
Rs. 210/ Sq Ft (b) Companies as defined in the Income Tax Ordinance, 2001 (i.e.FTN holders)
Peshawar,Mardan, Abbo abad, Que a
Whole of the tax involved or as applicable to supplies on the basis of gross
Urban Areas not specified in above 3 Federal and Provincial Government departments; autonomous bodies; and public sector organiza ons Unregistered Persons
value of supplies
For Residen al Builders 4 Companies as defined in the Income Tax Ordinance, 2001 (XLIX of 2001) Unregistered Persons 5% of gross value of supplies
Rs. 20 per Sq. Ft upto 750 Sq. Ft. Rs. Person providing adver sement
5 Registered persons as recipient of adver sement services Whole of sales tax applicable
Karachi, Lahore & Islamabad 7C 40 per Sq. Ft upto 751 to 1500 Sq. Ft. Rs. services
70 per Sq. Ft on 1501 Sq. Ft. or more 6 Registered persons purchasing cane molasses. Unregistered Persons Whole of sales tax applicable
Rs. 15 per Sq. Ft upto 750 Sq. Ft. Persons supplying any kind of lead
Hyderabad, Sukkur, Multan, Faisalabad, Rawalpindi, Gujranwala, Sahiwal, under chapter 78 (PCT Headings:
Rs. 35 per Sq. Ft upto 751 to 1500 Sq. Ft. Rs.
Peshawar,Mardan, Abbo abad, Que a 7801.1000, 7801.9100,
55 per Sq. Ft on 1501 Sq. Ft. or more
Rs. 10 per Sq. Ft upto 750 Sq. Ft. 7801.9900, 7802.0000, 78.03,
7 Registered persons manufacturing lead ba eries 7804.1100, 7804.1900, 75% of the sales tax applicable
Urban Areas not specified in above Rs. 25 per Sq. Ft upto 751 to 1500 Sq. Ft.
7804.2000, 78.05, 7806.0010,
Rs. 35 per Sq. Ft on 1501 Sq. Ft. or more
7806.0020, 7806.0090) or scrap
ba eries under chapter 85 (PCT
Tax on Developers Headings: 8548.1010, 8548.1090)
Persons other than ac ve 2% of gross value of supplies Provided that the provisions of this entry
For Commercial Plots 8 Online market place
taxpayers shall be effec ve from the date as no fied by the Board
Karachi, Lahore & Islamabad
Hyderabad, Sukkur, Multan, Faisalabad, Rawalpindi, Gujranwala, Sahiwal, Note
Rs. 210/ Sq Ft
Peshawar,Mardan, Abbo abad, Que a The above men oned sales tax rates for withholding or deduc on by the withholding agents are not applicable to goods and supplies specified below;
Urban Areas not specified in above (i) Electrical energy;
(ii) Natural Gas;
For Residen al Plots (iii) Petroleum Products as supplied by petroleum produc on & explora on companies, oil refineries, oil marke ng companies and dealers of motor spirit and high speed diesel;
Rs. 20 per Sq. yd. upto 120 Sq. yd. (iv) Vegetable ghee and cooking oil;
Karachi, Lahore & Islamabad 7D Rs. 40 per Sq. yd. upto 121 to 200 Sq. yd. Rs. (v) Telecommunica on services;
70 per Sq. yd. on 201 Sq. yd. or more (vi) Goods specified in the Third Schedule to the Sales Tax Act, 1990;
Rs. 15 per Sq. yd. upto 120 Sq. yd. (vii) Supplies made by importers who paid value addi on tax on such goods at the me of import; and
Hyderabad, Sukkur, Multan, Faisalabad, Rawalpindi, Gujranwala, Sahiwal, (viii) Supplies made by an Ac ve Taxpayer as defined in the Sales Tax Act, 1990 to another registered persons with excep on of adver sement services.
Rs. 35 per Sq. yd. upto 121 to 200 Sq. yd. Rs.
Peshawar,Mardan, Abbo abad, Que a (ix) Supply of sand, stone, gravel/crush and clay to low cost housing schemes sponsored or approved by Naya Pakistan Housing and Development Authority.
55 per Sq. yd. on 201 Sq. yd. or more
Rs. 10 per Sq. yd. upto 120 Sq. yd. (x) Electric vehicles (4 wheelers) CKD kits for small cars/SUVs, with 50 kwh ba ery or below and LCVs with 150 kwh ba ery of below ll 30th June, 2026;
(xi) Electric vehicles (4 wheelers) small cars/SUVs, with 50 kwh ba ery or below and LCVs with 150 kwh ba ery of below in CBU condi on ll 30th June, 2026;
Urban Areas not specified in above Rs. 25 per Sq. yd. upto 121 to 200 Sq. yd.
(xii) Electric vehicles (2-3 wheelers and heavy commercial vehicles) in CBU condi on ll 30th June, 2025; and
Rs. 35 per Sq. yd. on 201 Sq. yd. or more
(xiii) Motor cars of cylinder capacity upto 850cc

Tax on Builders & Developers (Eleventh Schedule)

DISCLAIMER:
Tax on Builders The above tax rates are extracted from the Income Tax Ordinance, 2001 and Finance Act, 2021. Proper due care has been observed while extrac ng the rate , however mistakes could be possible in any tax rate. The
rates are for general guidance purposes only and should not be constructed as legal provision. M/s Iqbal Yasir and Co. (Chartered Accountants) will not take any responsibility for any loss incurred by anyone as a result
For Commercial Builders of any above informa on.
Karachi, Lahore & Islamabad Rs. 250/ Sq Ft
Hyderabad, Sukkur, Multan, Faisalabad, Rawalpindi, Gujranwala, Sahiwal,
Rs. 230/ Sq Ft
Peshawar,Mardan, Abbo abad, Que a
Urban Areas not specified in above Rs. 210/ Sq Ft

For Residen al Builders

100D Rs. 80 per Sq. Ft upto 3000 Sq. Ft & Rs. 125 per Sq. Ft for 3001 and
Karachi, Lahore & Islamabad
above Sq. Ft
Hyderabad, Sukkur, Multan, Faisalabad, Rawalpindi, Gujranwala, Sahiwal, Rs. 65 per Sq. Ft upto 3000 Sq. Ft & Rs. 110 per Sq. Ft for 3001 and
Peshawar,Mardan, Abbo abad, Que a above Sq. Ft
Rs. 50 per Sq. Ft upto 3000 Sq. Ft & Rs. 100 per Sq. Ft for 3001 and
Urban Areas not specified in above
above Sq. Ft

Tax on Developers
For En re Project
Karachi, Lahore & Islamabad Rs.150 per Sq. yd
Hyderabad, Sukkur, Multan, Faisalabad, Rawalpindi, Gujranwala, Sahiwal,
Rs.130 per Sq. yd
Peshawar,Mardan, Abbo abad, Que a
Urban Areas not specified in above Rs.100 per Sq. yd
100D
For Development of Industrial Area
Karachi, Lahore & Islamabad
Hyderabad, Sukkur, Multan, Faisalabad, Rawalpindi, Gujranwala, Sahiwal, Rs.20 per Sq. yd
Peshawar,Mardan, Abbo abad, Que a
Urban Areas not specified in above Rs.10 per Sq. yd