Tax Calculator Pakistan 2024-2025
This is latest tax calculator as per 2024-2025 budget presented by government of Pakistan.
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Monthly Tax | |
Salary After Tax |
Yearly Income | |
Yearly Tax | |
Salary After Tax |
Monthly Income | |
Monthly Tax | |
Salary After Tax |
Yearly Income | |
Yearly Tax | |
Salary After Tax |
Tax Slabs
Income Tax Slabs
As per Federal Budget 2024-2025 presented by Government of Pakistan, following slabs and income tax rates will be applicable for salaried persons for the year 2023-2024:
- Where the taxable salary income does not exceed Rs. 600,000 the rate of income tax is 0%.
- Where the taxable salary income exceeds Rs. 600,000 but does not exceed Rs. 1,200,000 the rate of income tax is 2.5% of the amount exceeding Rs. 600,000
- Where the taxable salary income exceeds Rs. 1,200,000 but does not exceed Rs. 2,400,000 the rate of income tax is Rs. 15,000+12.5% of the amount exceeding Rs. 1,200,000.
- Where the taxable salary income exceeds Rs. 2,400,000 but does not exceed Rs. 3,600,000 the rate of income tax is Rs. 165,000 + 22.5% of the amount exceeding Rs. 2,400,000.
- Where the taxable salary income exceeds Rs. 3,600,000 but does not exceed Rs. 6,000,000 the rate of income tax is Rs. 435,000 + 27.5% of the amount exceeding Rs. 3,600,000.
- Where the taxable salary income exceeds Rs. 6,000,000 the rate of income tax is Rs. 1,095,000 + 35% of the amount exceeding Rs. 6,000,000.
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