Tax planning

Tax Deductions & Credits in Pakistan

Learn which FY 2026–27 reliefs reduce taxable income, which reduce tax payable, and what evidence supports a valid claim.

10 min read
Reviewed against Finance Act 2026

Before you claim

Eligibility, limits and calculation methods can change by tax year. Confirm the applicable section and retain evidence.

Deduction vs tax credit

Deduction

Reduces the income on which tax is calculated.

Gross income
less eligible deduction
taxable income

Tax credit

Reduces calculated tax, subject to the statutory formula and limits.

Calculated tax
less eligible credit
tax payable

They are not interchangeable.

Find the relief that matches your payment

Zakat paid under the Zakat and Ushr law

Typical evidence
Zakat certificate
Verify
Section 60 eligibility

Donation to an approved institution

Typical evidence
Receipt + approval status
Verify
Section 61 formula and limits

Contribution to an approved pension fund

Typical evidence
Provider statement
Verify
Section 63 eligibility and limits

Tuition fee that meets the education-expense rules

Typical evidence
Fee receipt + institution details
Verify
Section 60D income and formula limits

Common relief categories

Zakat

What it may do

A deductible allowance that may reduce taxable income under section 60.

Evidence to keep

Zakat certificate and payment proof.

Verify section & limits

Approved charitable donations

What it may do

A tax credit calculated under the section 61 formula and limits.

Evidence to keep

Receipt and approval evidence of the institution.

Verify section & limits

Approved pension contributions

What it may do

A tax credit for qualifying contributions, subject to section 63 limits.

Evidence to keep

Provider statement and payment proof.

Verify section & limits

Eligible tuition fees

What it may do

A deductible allowance where section 60D income and formula conditions are met.

Evidence to keep

Fee receipts, institution details and the child’s identifying information.

Verify section & limits

Not every personal expense is deductible

Tuition fees qualify only when section 60D conditions are met, and profit paid on qualifying low-cost housing finance follows separate credit rules. Medical costs, general cover premiums and ordinary household spending do not automatically qualify.

Worked example: why the distinction matters

Income:PKR 2,400,000
Eligible deduction:PKR 100,000
Tax is first calculated on:PKR 2,300,000

An eligible tax credit is then applied to calculated tax

Illustration only—the statutory formula and limits determine the actual credit.

Records to keep

  • Payment receipt
  • Recipient approval evidence
  • Bank transaction
  • CNIC / NTN details
  • Provider statement
  • Calculation worksheet

FBR says people with taxable income should keep income-tax return records for six years. Retain the evidence for every relief with those records.

Claiming relief in IRIS

  1. 1

    Choose tax year

  2. 2

    Enter the relevant deduction or credit

  3. 3

    Reconcile withholding and tax

  4. 4

    Review evidence before submission

Open the filing guide

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