Pakistan Rent Tax Calculator 2024-25
Calculate your rental income tax according to the latest FBR tax rates for the 2024-25 tax year. This tool helps individuals and companies estimate their tax liability on rental income.
Tax Calculation Results (Individual)
Current Tax Rates (2024-25)
| S# | Taxable Income | Rate of Tax |
|---|---|---|
| 1 | Up to Rs 300,000 | 0% |
| 2 | Rs 300,001 to Rs 600,000 | 5% of amount exceeding Rs300,000 |
| 3 | Rs 600,001 to Rs 2,000,000 | Rs 15,000 + 10% of amount exceeding Rs 600,000 |
| 4 | More than Rs 2,000,000 | Rs 155,000 + 25% of amount exceeding Rs 2,000,000 |
| For Companies: 15% of gross rent | ||
Frequently Asked Questions
For individuals:
- Up to Rs 300,000: 0% tax
- Rs 300,001-600,000: 5% of amount exceeding Rs300,000
- Rs 600,001-2,000,000: Rs15,000 + 10% of excess over Rs600,000
- Above Rs 2,000,000: Rs155,000 + 25% of excess over Rs2,000,000
Companies pay a flat 15% tax on gross rental income, while individuals follow the progressive tax slabs shown above. The calculator automatically applies the correct rates based on your selection.
Rental income tax is typically paid annually when filing your tax return. For companies, advance tax may be required in installments.
Individuals can deduct up to 20% of rent as maintenance allowance. Companies can deduct actual expenses. This calculator shows gross tax liability before deductions.
This calculator applies to standard residential and commercial properties. Special property types (agricultural, government-leased, etc.) may have different tax treatments.
For official tax guidance, consult the FBR website or visit our Pakistan Property Tax Guide on Sterling.pk.