Pakistan’s Federal Budget Bill 2011-12 for the next year has just been announced and tabled in the parliament and we are pleased to share with you the salient features of this Pakistan Budget bill with you. A detailed analysis will be delivered once the bill is actually enacted into an act of the parliament. Please give your suggestion before the same is passed.

The Proposed Salary Income Tax Slab Rates 2011-12 In Pakistan Federal Budget Bill are as follows:

1.   Where the taxable income does not exceed Rs.350,000
0%

2.   Where the taxable income exceeds Rs.350,000 but does not exceed Rs.400,000
1.50%

3.   Where the taxable income exceeds Rs.400,000 but does not exceed Rs.450,000
2.50%

4.   Where the taxable income exceeds Rs.450,000 but does not exceed Rs.550,000

3.50%

5.   Where the taxable income exceeds Rs.550,000 but does not exceed Rs.650,000
4.50%

6.   Where the taxable income exceeds Rs.650,000 but does not exceed Rs.750,000
6.00%

7.   Where the taxable income exceeds Rs.750,000 but does not exceed Rs.900,000
7.50%

8.   Where the taxable income exceeds Rs.900,000 but does not exceed Rs.1,050,000
9.00%

9.   Where the taxable income exceeds Rs.1, 050,000 but does not exceed Rs.1,200,000
10.00%

10.   Where the taxable income exceeds Rs.1, 200,000 but does not exceed Rs.1,450,000
11.00%

11.   Where the taxable income exceeds Rs.1, 450,000 but does not exceed Rs.1,700,000
12.50%

12.   Where the taxable income exceeds Rs.1, 700,000 but does not exceed Rs.1,950,000
14.00%
13.   Where the taxable income exceeds Rs.1, 950,000 but does not exceed Rs.2,250,000
15.00%

14.   Where the taxable income exceeds Rs.2, 250,000 but does not exceed Rs.2,850,000
16.00%
15.   Where the taxable income exceeds Rs.2, 850,000 but does not exceed Rs.3,550,000
17.50%

16.   Where the taxable income exceeds Rs.3, 550,000 but does not exceed Rs.4,550,000,

18.5%

17.   Where the taxable income exceeds Rs.4,550,000.
20.00%”;

Reference: By

Masood

– June 4, 2011Posted in: Budget 2011-12 (Newly Added), M&M Exclusive

http://masoodandmasood.com

Salt Range …. The Bridge is the highest one from AsiaA great photograph is one that fully expresses what one feels, in the deepest sense, about what is being photographed. -Ansel Adams

Another special feature of Hiran Minar is its location and environment: the top of the minar is perhaps the best place in the province of Punjab to get a feel for the broader landscape and its relationship to a Mughal site.

Looking north from the top of the minar, one can see a patch of forest which is similar to the scrub forest vegetation of Mughal times, while to the west are extensively-irrigated fields, a product of the late nineteenth and early twentieth centuries, but similar in size and appearance to the well-irrigated fields of the Mughal period.