Income Tax Rates and Slabs for Rental Income, 2022-2023
For the fiscal year 2022–2023, the Federal Board of Revenue (FBR) has released revised withholding tax rates on property income. Each specified individual is required to collect the withholding tax from those who receive the immovable property’s rent. Under Section 155 of the 2001 Income Tax Ordinance, the FBR collects withholding tax on income from […]