M/s Shah Faisal Law Chambers
Advocates & Tax Consultants · Karachi
شاہ فیصل لاء چیمبرز — ایڈووکیٹس اینڈ ٹیکس کنسلٹنٹس

Two-Way Tax Rate Engine — Tax Year 2026

Income Tax Ordinance, 2001 · amended up to 30-06-2025 (Finance Act, 2025) · Divisions I, II & VIII, Part I, First Schedule · ss. 4AB & 4C

Particulars

Division I (individuals & AOPs) · Division II (companies) · surcharge u/s 4AB · super tax u/s 4C

Salaried rates apply where salary exceeds 75% of taxable income.
s.4C(2) income can differ from taxable income (it aggregates certain exempt / final-tax streams and capital gains).
Computation Slip

Computation of Tax — Tax Year 2026

Taxable income
Tax thereon Div. I, Pt. I, 1st Sch.
Surcharge u/s 4AB
Income tax and surcharge
Income considered for s.4C
Super tax u/s 4C · Div. IIB
Total liability
Effective rate on taxable income
Slab-wise breakup — Division I
SlabFrom (Rs)To (Rs)RateAmount in slabTax

Particulars — Immovable Property

Capital gains u/s 37(1A) · Division VIII, Part I, First Schedule

Computation Slip

Capital Gain on Immovable Property — TY 2026

Capital gain u/s 37(1A)
Applicable rate
Tax on capital gain
Effective rate on gain
Division VIII tax is a separate block — the gain does not enter the Division I computation, but it does count towards income under s.4C(2) for super tax.

Ready Reckoner — Division I permutations

Liability at standard income points across the salaried, non-salaried and professional-firm schedules, inclusive of surcharge u/s 4AB. The 4C columns assume s.4C(2) income equals the taxable income shown.

Taxable incomeSalaried · totalEff. Non-salaried Ind / AOP · totalEff. Prof-firm AOP · total4C rate4C amount

Statutory Rate Tables — TY 2026

As amended up to 30 June 2025 by the Finance Act, 2025. Verify against the gazetted text before reliance in filing or litigation.