Income Tax Act 2023
Section 30 - Heads of Income
(as updated till Finance Act 2024)
Save as otherwise provided in this Act, all income shall, for the purpose of charge of income tax and computation of total income, be classified and computed under the following heads of income, namely:—
(a) Income from employment;
(b) Income from rent;
(c) Income from agriculture;
(d) Income from business;
(e) Capital gains;
(f) Income from financial assets;
(g) Income from other sources.
Disclaimer: This is the authentic English text of the Income Tax Act 2023, as published under SRO No. 404-Law/2025 dated 08 October 2025. In the event of any inconsistency or conflict between the content on this website and the official Government publications or gazette notifications relating to laws, rules, regulations or SROs, the official Government publications and notifications shall prevail.