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2021-2022 Tax Year 2022

Find official FBR income tax slabs and rates for salaried, business, and corporate taxpayers for 2022.

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Frequently Asked Questions

1. What were the major income tax slab changes in 2022? β–Ό

In Tax Year 2022, FBR revised certain income tax slabs for salaried individuals, especially in the middle-income range, to adjust for inflation.
πŸ“Œ Full slab details are available on our Tax Rates 2022 page

2. Were there any special tax incentives in 2022? β–Ό

Yes, the government introduced relief for the IT and export sectors, along with certain exemptions for agriculture-related businesses.
πŸ“Œ Learn more in our Tax Benefits Guide

3. How did the Finance Act 2022 impact withholding taxes? β–Ό

The Finance Act 2022 increased withholding tax rates for non-filers in property transactions, vehicles, and certain banking transactions.
πŸ“Œ See all updates on our Withholding Tax Rates page

4. Were corporate tax rates affected in 2022? β–Ό

Corporate rates remained largely unchanged, but adjustments were made to minimum tax provisions and industry-specific levies.
πŸ“Œ Read details on our Corporate Income Tax page

5. What were the penalties for late filing in 2022? β–Ό

Late filing in Tax Year 2022 led to fixed monetary penalties and removal from the Active Taxpayers List (ATL).
πŸ“Œ Avoid penalties with our Tax Return Filing service

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