Pakistan Tax System

[Code_Red]

Re: Pakistan Tax System

@sabah

^Foreign income? Income of overseas residents?

Codie, 1.5 mil of how many? How is income monitored in private sector?

What’s the avrg income per year in public and private sectors?

What’s employments percentage in Pak? And approx how many are below Rs. 100,000, bw 2-300000 and so on.

Pakistan’s population is 150 million nearly half (40%) are bellow 18 and out of rest of population, 60% are based in rural area. there is no income tax on agriculture sector. Also one third of country’s populaiton lives bellow poverty line.

So practically 1.5 million(who pay tases) are out of some 20 million roughly.

The largest number of tax payer belong to service sector (public and private).

Avg. income in public sector varies, tax payers belong to grade 17 or above avg income for grade 17 is around Rs 150,000 ~ 200,000 /year (including allownces)

for private sector, it is difficult, roughly we can take Rs.100,000 ~200,000 /year. but it goes up for managment level job, mostly in excess of 200,000

officially per capita income in Pakistan is $450/ year