AMMENDMENTS MADE THROUGH FINANCE ACT 2022
Comparison of Tax applicable on Salary Income Tax Year 2022 and Tax Year 2023
| Salary | Tax | ||
| Yearly | TY 2022 | TY 2023 | Tax
Relief/(Burden) |
| 600,000 | – | – | – |
| 900,000 | 15,000 | 7,500 | 7,500 |
| 1,200,000 | 30,000 | 15,000 | 15,000 |
| 1,800,000 | 90,000 | 90,000 | – |
| 2,400,000 | 180,000 | 165,000 | 15,000 |
| 3,000,000 | 282,500 | 285,000 | (2,500) |
| 3,600,000 | 390,000 | 405,000 | (15,000) |
| 4,800,000 | 630,000 | 705,000 | (75,000) |
| 6,000,000 | 895,000 | 1,005,000 | (110,000) |
| 7,200,000 | 1,165,000 | 1,395,000 | (230,000) |
| 9,000,000 | 1,595,000 | 1,980,000 | (385,000) |
| 12,000,000 | 2,345,000 | 2,955,000 | (610,000) |
| 14,400,000 | 3,005,000 | 3,795,000 | (790,000) |
| 18,000,000 | 3,995,000 | 5,055,000 | (1,060,000) |
| 24,000,000 | 5,645,000 | 7,155,000 | (1,510,000) |
| 30,000,000 | 7,295,000 | 9,255,000 | (1,960,000) |
| 36,000,000 | 9,095,000 | 11,355,000 | (2,260,000) |
