Salary Tax Calculator Pakistan 2023-2024

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

000

% on taxable amount

000

Total Tax

000

Salary Tax Slabs 2023 – 2024

Salary income is under PRK 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 PRK 600,000 but is under PRK 1,200,000

If the annual salary income exceeds PKR. 600,000 but does not exceed PKR. 1,200,000 then the rate of income tax is 5% of the amount exceeding PKR. 600,000

Salary income exceeds PRK 1,200,000 but is under PRK 1,800,000

If the annual salary income exceeds PKR. 1,200,000 but does not exceed PKR. 1,800,000 then the rate of income tax is PKR. 30,000 + 10% of the amount exceeding PKR. 1,200,000

Salary income exceeds PRK 1,800,000 but is under PRK 2,500,000

If the annual salary income exceeds PKR. 1,800,000 but does not exceed PKR. 2,500,000 then the rate of income tax is PKR. 90,000 + 15% of the amount exceeding PKR. 1,800,000

Salary income exceeds PRK 2,500,000 but is under PRK 3,500,000

If the annual salary income exceeds PKR. 2,500,000 but does not exceed PKR. 3,500,000 then the rate of income tax is PKR. 195,000 + 17.5% of the amount exceeding PKR. 2,500,000

Salary income exceeds PRK 3,500,000 but is under PRK 5,000,000

If the annual salary income exceeds PKR. 3,500,000 but does not exceed PKR. 5,000,000 then the rate of income tax is PKR. 370,000 + 20% of the amount exceeding PKR. 3,500,000

Salary income exceeds PRK 5,000,000 but is under PRK 8,000,000

If the annual salary income exceeds PKR. 5,000,000 but does not exceed PKR. 8,000,000 then the rate of income tax is PKR. 670,000 + 22.5% of the amount exceeding PKR. 5,000,000

Salary income exceeds PRK 8,000,000 but is under PRK 12,000,000

If the annual salary income exceeds PKR. 8,000,000 but does not exceed PKR. 12,000,000 then the rate of income tax is PKR. 1,345,000 + 25% of the amount exceeding PKR. 8,000,000

Salary income exceeds PRK 12,000,000 but is under PRK 30,000,000

If the annual salary income exceeds PKR. 12,000,000 but does not exceed PKR. 30,000,000 then the rate of income tax is PKR. 2,345,000 + 27.5% of the amount exceeding PKR. 12,000,000

Salary income exceeds PRK 30,000,000 but is under PRK 50,000,000

If the annual salary income exceeds PKR. 30,000,000 but does not exceed PKR. 50,000,000 then the rate of income tax is PKR. 7,295,000 + 30% of the amount exceeding PKR. 30,000,000

Salary income exceeds PRK 50,000,000 but is under PRK 75,000,000

If the annual salary income exceeds PKR. 50,000,000 but does not exceed PKR. 75,000,000 then the rate of income tax is PKR. 13,295,000 + 32.5% of the amount exceeding PKR. 50,000,000

Salary income exceeds PRK 75,000,000

If the annual salary income exceeds PKR. 75,000,000 then the rate of income tax is PKR. 21,420,000 + 35% of the amount exceeding PKR. 75,000,000