Income Tax 2012-2013 Slab rates for Pakistan

So I needed these slab rates today to calculate my share of contribution (Income Tax) to our beloved Mr President's doggie bank. I thought it may be useful for others too.

Here are Income Tax rates (Slab rates) for Pakistan for the year 2012 - 2013. All you need now is a calculator.

Tax slabs of salary income has been reduced from 17 to 6 in the finance act 2012-13 which are as under:

1. Salary Income less than 400000 tax will be 0%
2. Salary Income exceeds 400000 but does not exceed 750000  tax will be 5% of amount exceeding 400000
3. Salary Income exceeds 750000 but does not exceed 1500000 tax will be 17500 + 10 % of amount exceeding 750000
4. Salary Income exceeds 1500000 but does not exceed 2000000  tax will be 95000+ 15% of  amount exceeding 1500000
5. Salary Income exceeds 2000000 but does not exceed 2500000 tax will be 175000 + 17.5% of amount exceeding 2000000
6. Salary Income exceeds 2500000 tax will be 420000 + 20% of amount exceeding 2500000.

Good luck to anyone in " 10% "  :)  *pwn intended*