Paying Taxes in Peshawar, Pakistan
The table below addresses the taxes that a medium-size company must pay or withhold in a given year in Peshawar, Pakistan, as well as measures of administrative burden in paying taxes.
| Corporate income tax |
5 |
|
40 |
|
37% |
taxable income |
27.4 |
|
| VAT (General Sales Tax) |
12 |
|
480 |
|
15.0% |
value added |
45.4 |
b) |
| Professional Tax |
1 |
|
- |
a) |
fixed rate on different slabs (PKR 20,000) |
paid up capital |
1.2 |
|
| Property tax |
1 |
|
- |
a) |
PKR 2.5 |
per square foot |
1.6 |
|
| Vehicle tax |
1 |
|
- |
a) |
various rates |
|
0.3 |
|
| Pension contributions |
12 |
|
- |
a) |
5% up to PKR 150 per employee and per month |
gross salaries |
5.5 |
|
| Social security contributions |
12 |
|
40 |
|
7% |
gross salaries |
7 |
|
| Historical cess |
- |
g) |
- |
a) |
8% |
property tax |
0.1 |
|
| Tax on interest |
1 |
|
- |
a) |
10% |
tax on interest |
0.2 |
d) |
| stamp duty |
1 |
|
- |
|
slab rate based on contract value |
- |
- |
c) |
| Education cess |
1 |
|
- |
a) |
PKR 100 per worker |
- |
0.3 |
|
| Totals: |
47 |
|
560 |
|
|
|
89 |
|