Income Tax Calculator  2022 – 23

  • Tax %
  • Income %

By Month

Salary including tax

000

Tax deduction

000

Salary after tax

000

By Year

Salary including tax

000

Tax deduction

000

Salary after tax

000

Tax Slab

Slab:

Calculation Details

Exempted amount

000

Tax on exempted amount

000

Taxable amount after exemption

000

% on taxable amount

000

Total Tax

000

Basic Concepts of Income Tax

You will learn the fundamentals of income tax including taxable and none taxable sources. This brochure is to assist taxpayers.

Download PDF

Budget Document (PDF)

Federal Budget in Brief  2022-23. The fiscal year 2022-23 along with budget estimates and revised estimates for the fiscal year 2022-23.

Download PDF

Salary Tax Slabs According to Budget 2022 – 23

Salary income is under PKR 600,000

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

Salary income exceeds PKR 600,000 but is under PKR 1.2 Million

If the annual salary income exceeds PKR. 600,000 but does not exceed PKR. 1.2 million then the rate of income tax is 2.5% of the amount exceeding PKR. 600,000.

Salary income exceeds PKR 1.2 Million but is under PKR 2.4 Million

If the taxable annual income exceeds PKR. 1.2 million but does not exceed PKR. 2.4 million then the rate of income tax is PKR. 15,000 + 12.5% of the amount exceeding PKR. 1.2 million.

Salary income exceeds PKR 2.4 Million but is under PKR 3.6 Million

If the annual salary income exceeds PKR. 2.4 million but does not exceed PKR. 3.6 million then the rate of income tax is flat PKR 165,000 + 20% of the amount exceeding PKR. 2.4 million

Salary income exceeds PKR 3.6 Million but is under PKR 6 Million

If the annual salary income exceeds PKR. 3.6 million but does not exceed PKR. 6 million then the rate of income tax is flat PKR. 405,000 + 25% of the amount exceeding PKR. 3.6 million

Salary income exceeds PKR 6 Million but is under PKR 12 Million

If the annual salary income exceeds PKR 6 Million but does not exceed PKR. 12 million then the rate of income tax is flat PKR 1.005 million + 32.5% of the amount exceeding PKR. 6 million

Salary income exceeds PKR 12 million

If the annual salary income exceeds PKR. 12 million then the rate of income tax is flat PKR 2.955 million + 35% of the amount exceeding PKR. 12 million

Submit your tax queries?

“Do you have tax-related problems and want quick answers?. Please leave your queries using the form on the right side. ”