Final Tax Regime (FTR)

Income where the tax deducted is full and final — not taxed again at slab rates.

Explained Simply

Under FTR, once the specified tax is deducted, that income is settled — you don't add it to your normal income or pay slab rates on it. Common examples include export proceeds and certain prize/dividend income, subject to conditions.

Legal Definition

Final tax treatment under section 169 of the Income Tax Ordinance, 2001.

📖 Section 169

💡 Example

IT export income under 154A (0.25% PSEB) is final tax — not taxed again at slab rates, subject to conditions.

Educational definition, not legal advice. Verify against the statute text (Section 169) before acting.