Rental Income

    Tax on Rental Income in Pakistan

    Rental income is taxed as a separate block under Section 15. This page gives you the slab view, withholding context, and the most common filing mistakes landlords make.

    Quick facts

    Rental tax essentials at a glance

    Charging section

    Section 15

    Withholding section

    Section 155

    First tax-free band

    Up to PKR 300,000 annually

    Top slab on this page

    25% above PKR 2,000,000

    Expense deduction

    Repairs are not generally deducted like a normal business expense here

    Best next step

    Match annual rent with tenancy agreement and WHT evidence

    Section 15 slabs

    Annual rental income slab rates

    Annual rent
    Up to PKR 300,000
    Tax
    0%

    Fully exempt - no tax on rental income up to this threshold for individuals and AOPs.

    Annual rent
    PKR 300,001 - 600,000
    Tax
    5% of amount above 300,000

    First slab and applies only to the excess.

    Annual rent
    PKR 600,001 - 2,000,000
    Tax
    PKR 15,000 + 10% of amount above 600,000

    A common band for urban landlords.

    Annual rent
    Above PKR 2,000,000
    Tax
    PKR 155,000 + 25% of amount above 2,000,000

    Higher-end residential or commercial rental flows.

    Withholding tax

    Who deducts what, and when

    • Companies as tenants can withhold under Section 155 and deposit it monthly.
    • Individual and AOP tenants usually do not withhold, so the landlord reconciles it directly in the annual return.
    • Filer landlords can claim withheld tax in the return, while non-filers face a much weaker withholding position.
    • Sub-let income can trigger a different treatment and should be checked carefully before filing.

    Common rental-income filing mistakes

    • 01Treating monthly rent as annual rent and applying the slab incorrectly.
    • 02Not collecting Section 155 withholding evidence from a corporate tenant.
    • 03Assuming repair costs can always be deducted from gross rent.
    • 04Forgetting to include rental income in the annual return and wealth trail.
    Rental Income FAQ

    Common questions

    Is rental income taxable in Pakistan?+

    Yes. Rental income from immovable property is taxed under Section 15 of the Income Tax Ordinance 2001 as a separate block of income.

    How much tax do I pay on rental income in Pakistan?+

    There is no tax up to PKR 300,000 per year for the relevant category shown here. Above that, the slab rate rises as annual rent increases.

    Who deducts withholding tax on rent?+

    Companies, government bodies, and other prescribed persons can deduct withholding tax under Section 155. Many individual tenants do not, so the landlord settles it directly in filing.

    Are property repairs deductible from rental income?+

    Generally, this rental block does not work like a normal business profit-and-loss statement, so repairs are not simply deducted in the same way.

    Is rental income from commercial property taxed differently?+

    The core slab framework is similar, but commercial arrangements more often involve corporate tenants and therefore more withholding documentation.