2022-2023 Tax Year 2023
Explore Pakistanโs income tax rates and slabs for 2023 with filer vs non-filer details from FBR.
Frequently Asked Questions
In Tax Year 2023, FBR revised certain slabs for salaried and non-salaried individuals, adjusting thresholds to reflect inflation and fiscal targets.
๐ Full slab details are on our Tax Rates 2023 page
Yes, some sectors received relief such as reduced rates for IT exporters and incentives for new manufacturing units to boost economic activity.
๐ Learn more about sector-specific benefits in our Tax Benefits Guide
The Finance Act 2023 introduced changes in withholding taxes on property transactions, bank withdrawals, and certain imports, especially affecting non-filers.
๐ See all updates on our Withholding Tax Rates page
Corporate income tax rates remained mostly stable, but minimum tax and super tax provisions were updated for certain industries.
๐ Details available on our Corporate Income Tax page
Late filing in Tax Year 2023 could result in monetary penalties and exclusion from the Active Taxpayers List (ATL), increasing future tax costs.
๐ See how to avoid penalties on our Tax Return Filing page