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  • Pk Brochure Ir-it-04 2013

Get Pk Brochure Ir-it-04 2013-2025

Collection and Deduction of Income Tax at Source (Withholding Agents Perspective) (Taxpayers Facilitation Guide)Brochure IRIT04 September 2013 Revenue Division Federal Board of Revenue Government.

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How to fill out the PK Brochure IR-IT-04 online

This guide provides comprehensive instructions for filling out the PK Brochure IR-IT-04, a document crucial for understanding the collection and deduction of income tax at source. It aims to assist users in navigating the form easily, ensuring compliance with tax obligations.

Follow the steps to complete the PK Brochure IR-IT-04 efficiently.

  1. Click the ‘Get Form’ button to access the PK Brochure IR-IT-04 and open it in your preferred browser for online completion.
  2. Review the introduction section, which outlines the purpose of the brochure and its importance for withholding agents.
  3. Fill out your personal or business details in the designated fields, ensuring all information is accurate and up-to-date.
  4. Proceed to the relevant sections that detail obligations such as identifying withholding agents and rates applicable based on the type of payment.
  5. For each applicable tax section, provide the required information and ensure calculations for deductions are correct as per the guidelines.
  6. Once all sections are completed, review your entries for accuracy and completeness.
  7. You can then save your progress, download the completed form, print it for your records, or share it directly with relevant parties.

Complete your PK Brochure IR-IT-04 online today and ensure compliance with tax regulations.

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The income tax rate in Pakistan ranges from 5% to 35% depending on the individual's or company's income bracket. The income tax is calculated on the basis of the taxable income, which is the income earned after deducting expenses and exemptions.

Foreign remittances exceeding Rs 5 million do not attract any addition to income chargeable to tax.

The applicable WHT rate on such payments ranges from 5% to 20%, subject to any relief available under the DTT. The tax withheld is deemed to be the final tax liability of the non- resident.

The Federal Government of Pakistan (the Pakistani Government) has increased the general Sales Tax rate to 18% effective 14 February 2023. A 25% higher rate of Sales Tax applies to a wide range of goods imported and supplied in Pakistan and for some locally manufactured vehicles effective 8 March 2023.

RelatedLastReferencePersonal Income Tax Rate35.00Dec 2023Corporate Tax Rate29.00Dec 2023Sales Tax Rate17.00Dec 2023

4.5% of the import value as increased by Custom-duty, sales tax and federal excise duty Collector of Customs Importer of goods At the same time and manner as the custom duty is payable in respect of the goods imported In case of Federal / provincial Government on the day the tax is deducted.

Adjustable advance tax on cash withdrawals by non-filers has been reintroduced through FA 2023 at the rate of 0.6% where the sum of the payments for cash withdrawal in a day exceeds Rs 50,000.

Salary Slabs For Income Tax July 2022 Updated Taxable IncomeRate of TaxSalary Under Rs. 50,000 Per MonthNo TaxMore than Rs. 50,000 but fewer than Rs. 100,000 per month2.5% of amount after 50,000 RsHigher than PKR 100,000 but under 200,000 per monthPKR 15,000 + 12.5% of the amount exceeding Rs. 1,200,0004 more rows

The minister said the rate of tax to be deducted is 0.3 percent of the cash amount withdrawn for filers and 0.6 percent of the cash amount withdrawn for non-filers.

Super tax. Note: For banking companies with income exceeding PKR 300 million, the super tax rate is 10% for tax year 2023. The concept of super tax was reintroduced by the government on high earning persons in tax year 2022. Slab-wise rates were prescribed for tax year 2022 with a maximum rate of 4%.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Help Portal
Legal Resources
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232