Pakistan Rent Tax Calculator 2024-25
Calculate your property rental income tax according to Section 155 of the Income Tax Ordinance 2001.
Tax Calculation Results (Individual)
Annual Rental Income:
PKR 0
Tax Bracket Applied:
0% (Up to Rs 300,000)
Base Tax Amount:
PKR 0
Additional Tax:
PKR 0
Total Annual Tax Payable:
PKR 0
Tax Calculation Results (Company)
Annual Rental Income:
PKR 0
Tax Rate Applied:
15% of gross rent
Additional Tax:
PKR 0
Total Annual Tax Payable:
PKR 0
Note: If the taxpayer is not on the Active Taxpayer's List (ATL), the tax amount will be doubled as per FBR regulations.
Current Tax Rates for Rental Income (2024-25)
S# | Taxable Income (PKR) | Rate of Tax |
---|---|---|
1 | Up to 300,000 | 0% |
2 | 300,001 to 600,000 | 5% of amount exceeding 300,000 |
3 | 600,001 to 2,000,000 | Rs 15,000 + 10% of amount exceeding 600,000 |
4 | Above 2,000,000 | Rs 155,000 + 25% of amount exceeding 2,000,000 |
For Companies: Flat 15% tax on gross rental income |
Frequently Asked Questions
1. What is the tax rate for rental income in Pakistan?
For individuals, rental income is taxed under a progressive tax slab system. Companies pay a flat 15% tax on gross rental income.
2. What is the Active Taxpayer List (ATL) penalty?
If you're not on the FBR's Active Taxpayer List at the time of filing, your tax liability will be doubled.