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Tax Calculator

A personal loan for multiple purposes!

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Salary Tax Calculator

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Your Monthly Details

Monthly Salary
PKR 0
Monthly Tax
PKR 0
Salary After Tax
PKR 0

Your Yearly Details

Yearly Salary
PKR 0
Yearly Tax
PKR 0
Yearly After Tax
PKR 0

Salary Tax Slabs According to Budget 2024 – 25

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If the annual salary income does not exceed PKR 600,000, then the income tax rate is 0%.

If the annual salary income exceeds PKR 600,000 but does not exceed PKR 1.2 million, then the rate of income tax is 5% of the amount exceeding PKR 600,000.

If the annual taxable income exceeds PKR 1.2 million but does not exceed PKR 2.2 million, the income tax rate is PKR 30,000 plus 15% of the amount exceeding PKR 1.2 million.

If the annual salary income exceeds PKR 2.2 million but does not exceed PKR 3.2 million, then the income tax rate is a flat PKR 180,000 plus 25% of the amount exceeding PKR 2.2 million.

If the annual salary income exceeds PKR 3.2 million but does not exceed PKR 4.1 million, then the income tax rate is a flat PKR 430,000 plus 30% of the amount that exceeds PKR 3.2 million.

If the annual salary income exceeds PKR 4.1 million, the income tax rate is a flat PKR 700,000 plus 35% of the amount exceeding PKR 4.1 million.

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