Information about Pakistan Minimum wage and taxes.
Minimum wage in Pakistan is determined every year by the National Labor Relations Commission (NIRC). Minimum wage in Pakistan in 2021 varies by province. Below are the minimum wage amounts in some provinces of Pakistan in 2021: - Punjab Province: 20,000 Pakistani Rupees (PKR) - Sindh Province: 20,000 PKR - Khyber Pakhtunkhwa Province: 17,500 PKR - Baluchistan Province: 17,500 PKR - Islamabad Capital Region: PKR 20,000 Additionally, taxes in Pakistan also vary depending on income level. Income tax rates in Pakistan in 2021 are as follows: - Tax rate 0% for income between PKR 0 - 600,000 - Tax rate 5% for income between PKR 600,001 - 1,200,000 - Tax rate 10% for income between PKR 1,200,001 - 2,400,000 - Tax rate 15% for income between PKR 2,400,001 - 3,600,000 - Tax rate 20% for income between PKR 3,600,001 - 4,800,000 - Tax rate 25% for income between PKR 4,800,001 - 6,000,000 - Tax rate 30% for income between PKR 6,000,001 - 7,200,000 - Tax rate 35% for income of PKR 7,200,001 and above Additionally, there are other types of taxes in Pakistan such as sales tax (GST) and consumption tax (PST). These taxes are applied to goods and services and are usually calculated at a flat rate. The above information is for 2021 and is subject to change. Tax rates and minimum wage amounts are updated depending on the annual budget and economic conditions.
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