08-15-2009, 07:46 PM
Dear Saqib,
Although, Waqas has replied the query , however, just would like to add that minimum limit on which tax is deducted has been extended to Rs. 200,000 for the tax year 2010 for salaried individuals.
Hence, no tax is required to be paid since yearly income (198,000) is below the threshold of Rs. 200,000.
Best Regards,
Although, Waqas has replied the query , however, just would like to add that minimum limit on which tax is deducted has been extended to Rs. 200,000 for the tax year 2010 for salaried individuals.
Hence, no tax is required to be paid since yearly income (198,000) is below the threshold of Rs. 200,000.
Best Regards,