Jzaib
SENIOR MEMBER
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These are the tax rates an ordinary (middle income) taxpayer (like me) pays
1 0 to Rs400,000/- 0%
2 Rs400,000/- to Rs750,000/- 5% of the amount of exceeding Rs400,000/-
3 Rs750,000/- to Rs1,500,000/- Rs17,500/- + 10% of the amount of exceeding Rs750,000/-
4 Rs1,500,000/- to Rs2,000,000/- Rs95,000/- + 15% of the amount of exceeding Rs1,500,000/-
5 Rs2,000,000/- to Rs2,500,000/- Rs175,000/- + 17.5% of the amount of exceeding Rs2,000,000/-
6 Rs2,500,000/- and above Rs420,000/- + 20% of the amount of exceeding Rs2,500,000/-==================================
Just calculate the tax payable at these incomes and what is actually being paid. The point is that these people themselves enjoy the luxury of tax exempt income sources.
u should show that to Nawaz sharif as well ...after seeing his tax returns ..i feel proud ..even im more rich then him
aur bhie saab ish hamaam mei saab se nangay Nawaz sharif ( Prime minister to be )