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Please categorize your status as one of the following: (In case of any question, please contact at +92 333 3395183)
NOTE FOR UNDERSTANDING:
Individual means every natural person. Any natural person whose earnings from salaries are more than 75% of his total taxable income is a “Salaried Class Individual”. All other individuals are “Non-Salaried Individuals”
Company means and include companies registered under the Companies Act, 2017 or any corporate or welfare institute registered under any other law being enforced in Pakistan, including Trusts.
AOPs are referred to as Partnerships.
For better understanding, you can refer to the following reference:
- For Individual person, a Company, and an AOP, refer to Section 80 of the Income Tax Ordinance, 2001.
- For the Salaried and Non-Salaried class, refer Rule 13(1A) of Income Tax Rules, 2002.
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