Prize Bond Tax Calculator 2023 – 24

Tax Slab

According to Budget 2023– 24

If the annual Income does not exceed PKR. 600,000 then the rate of the tax is 0%

If the annual Income exceeds PKR. 600,000 but does not exceed PKR. 1.2 million then the rate of tax is 2.5% of the amount exceeding PKR. 600,000.

If the annual Income exceeds PKR. 600,000 but does not exceed PKR. 1.2 million then the rate of tax is 2.5% of the amount exceeding PKR. 600,000.