New tax slabs for salaried persons in Pakistan as FY2026-27 begins

Contributing sentiments towards policy:

62% : The implementation of the Finance Act 2026 marks the start of the new fiscal tax regime, with the updated rates now applicable under the revised income tax structure.
59% : According to the updated tax schedule, individuals falling in the highest income category will pay Rs1.424 million plus 35 percent tax on the amount exceeding Rs7 million.
55% : For higher income categories, fixed amounts along with additional tax percentages will apply, with the highest bracket covering taxable income above Rs7 million.
53% : For those earning above Rs600,000, tax rates will apply according to different income brackets.
51% : The revised slabs include a 1 percent tax on income exceeding Rs600,000 up to Rs1.2 million.
49% : ISLAMABAD - The Finance Act 2026 has come into effect, introducing changes to Pakistan's tax framework, including revised income tax slabs for salaried class.
43% : Under the new structure, individuals with taxable income up to Rs600,000 will continue to pay no income tax.

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