FBR Income Tax Slabs FY 2024-25 & 2025-26: Complete Guide for Salaried & Business
Detailed breakdown of the updated FBR tax slabs for salaried individuals, business owners, and Association of Persons (AOPs), including high earner surcharges.
- Salaried individuals paying up to 35% tax on taxable income exceeding Rs. 4.1 Million.
- Non-salaried business individuals taxed up to 45% on income exceeding Rs. 5.6 Million.
- Active Taxpayer List (ATL) filers avoid 100% withholding tax penalties on bank transactions.
The Federal Board of Revenue (FBR) revised income tax brackets under the Finance Act. For salaried employees, tax rates start at 5% above Rs. 600,000 annual income and scale up to 35% for amounts over Rs. 4.1 Million.
Business individuals and AOPs face steeper tax brackets up to 45% for annual profits exceeding Rs. 5.6 Million.
To prevent excessive withholding tax deductions at source (Section 236G/236H/236K), taxpayers must ensure their returns are submitted before the statutory deadline to stay active on the ATL list.
Our tax advocates assist clients in optimizing allowable tax credits, provident fund exemptions, and legitimate business expense deductions under Income Tax Ordinance 2001.
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