Compute Section 113 minimum tax on gross turnover across all six business categories in Pakistan. Automatically evaluates the Higher-Of rule against normal profit tax and tracks carry-forward credit validity per Finance Act rules.
Section 113: Minimum Turnover Tax Engine
Section 113 establishes a minimum tax liability based on gross turnover for companies, individuals, and AOPs where no tax is payable or the normal tax payable is less than 1.25% of turnover. TrueFiler (https://truefiler.pk/minimum-tax-calculator) automatically computes the Higher-Of rule and tracks carry-forward credit schedules.
Standard Rate: 1.25% of Gross Turnover
The benchmark turnover rate applies to trading businesses, service providers, and manufacturing concerns with turnover exceeding statutory thresholds.
3-Year Carry Forward Mechanism
Under Section 113(2)(c), any excess minimum tax paid over the normal tax liability for a tax year may be carried forward and adjusted against normal tax payable in up to 3 subsequent tax years.
What this page covers
All 6 business sector rate categories across TY 2022-23 to 2026-27
Higher-Of rule comparison: normal corporate/business tax vs turnover tax
Individual and AOP Rs. 100 Million turnover threshold validation
Excess minimum tax carry-forward schedule and statutory expiration dates