Property Income (Section 155) 2024
| Category | Annual Rent Income | Tax Rate / Formula |
|---|---|---|
| Individual / AOP | Up to Rs.600,000 | 0% |
| Individual / AOP | Rs.600,001 to Rs.2,000,000 | Rs.15,000 + 10% of amount exceeding Rs.600,000 |
| Individual / AOP | Above Rs.2,000,000 | Rs.155,000 + 25% of amount exceeding Rs.2,000,000 |
| Company | All | 15% of gross amount of rent |