Tax rates for filers, non-filers in Pakistan
ISLAMABAD – The federal and provincial governments collects various taxes ranging from property, vehicle to bank transactions.
Authorities offer different slabs of tax rate for filers and non-filers as additional amount is recovered from the latter for not being a registered taxpayer.
The higher tax rate for non-filers aims at encouraging them to join the tax base in order to avail various facilities, including minimal taxes, as a taxpayer.
Following are the most common tax rates for both filer and non-filers:
Tax Filer Non-Filer
Bank transaction of Rs50,000 or above 0% 0.6%
International Transaction thru Debit or Credit Cards 2% 10%
Buying Property 3% 10.5%
Selling Property 3% 6%
Profit on Savings Account 15% 30%
Tax on Prize Bond amount 15% 30%
Car lease from banks 0% 12%
Commission Tax 12% 24%
Electricity bill above Rs25,000 0% 7.5%
Rent income 5-25% 10-50%
Buying car or Registration 10k-500k 30k-1500k
Vehicle Token tax 800-10000 1600-20000
The higher tax rate for non-filers aims at encouraging them to join the tax base in order to avail various facilities, including minimal taxes, as a taxpayer.
Following are the most common tax rates for both filer and non-filers:
Tax Filer Non-Filer
Bank transaction of Rs50,000 or above 0% 0.6%
International Transaction thru Debit or Credit Cards 2% 10%
Buying Property 3% 10.5%
Selling Property 3% 6%
Profit on Savings Account 15% 30%
Tax on Prize Bond amount 15% 30%
Car lease from banks 0% 12%
Commission Tax 12% 24%
Electricity bill above Rs25,000 0% 7.5%
Rent income 5-25% 10-50%
Buying car or Registration 10k-500k 30k-1500k
Vehicle Token tax 800-10000 1600-20000