Excise and Taxation Department

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Monday 20th October 2014
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Professional Tax PDF Print E-mail


This tax is levied under the Sindh Finance Act, 1964.
I.The basis of this tax is to bring various categories of persons engaged in different trade, callings and professions.  

 Schedule Of  Professional Tax

Categories

Particulars

Rate of Tax (per annum)

1

All persons assessed to Income Tax:- All persons engaged in any professional, trade Calling or      employment, other than those mentioned hereinafter and assessed   to in the preceding Financial year.

RS. 150/-

2

All Limited Companies with paid up capital & reserve:- All  Limited Companies, Modarbas, Mutual Fund, and any other body corporate with “paid-up capital” or “paid up share Capital and reserves” in the preceding year whichever is more:-1)       Not exceeding Rs. 10. Million

Rs.10,000/-

2) exceeding Rs. 10 million but not

exceeding Rs. 25 million

Rs.15,000/-

3) exceeding Rs. 25 million but not

exceeding Rs. 50 million

Rs.20,000/-

4) exceeding Rs. 50 million but not

Rs.50,000/-

exceeding Rs. 100 million

5) exceeding Rs. 100 million but not

Rs.75,000/-

exceeding Rs. 200 million

6)  exceeding Rs. 200 million

Rs.100,000/-

6)exceeding Rs. 200 million

3

All establishments other than limited companies with Annual   Turnover:  Holders of import or export licence, owners of industries, factories  and commercial establishments; contractors engaged in construction work of  supplying goods or providing services or lab our; all whole sellers and agents, good or services for others as owner or on commission basis, medical and legal practitioners, auditors, video shop and any other persons providing professional services and shops assessed to income tax in the proceeding professional services and shops assessed to turn over.

1) Not exceeding Rs. 0.5 million

Rs.500/-

2) exceeding Rs. 0.5 million but not

Rs.1500/-

exceeding Rs. 5 million

3) exceeding Rs. 5 million but not

Rs.2500/-

exceeding Rs. 25 million

4) exceeding Rs. 25 million but not

exceeding Rs. 100 million

Rs.5,000/-

5) exceeding Rs. 100 million but not

Rs.10,000/-

exceeding Rs. 500 million

6) exceeding Rs. 500 million  but not

Rs.30,000/-

exceeding Rs. 1000 million

7) exceeding Rs. 1000 million

Rs.100,000/-

4

Establishments not assessed to Income Tax:-

Rs. 500/-

All factories not, shops or establishments including video shops, real estate shop/agencies, land car dealers not assessed to income tax in the proceeding financial year.

5

All petrol pumps & CNG station

Rs. 2500/-

 

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