What are payroll taxes in Pakistan?

Employers must contribute to Social Security on behalf of the employee for up to 7% of wages and 5% for Employees Old Age Benefit. No contributions are due on wages in excess of PKR 400 per day or PKR 10,000 per month. Social Security provides for four types of benefits including:

• Old-Age Pension
• Survivor’s Pension
• Invalidity Pension
• Old-Age Grant (if an employee is not eligible for pension)