🇵🇰 Income Tax Calculator Pakistan
Calculate your income tax for Pakistan
Your total annual taxable income in Pakistani Rupees
How to Use This Calculator
Enter Annual Income
Input your total annual taxable income in Pakistani Rupees (PKR). This should include all sources of income subject to tax.
Select Filing Status
Select your filing status (Individual or Salaried Individual). Tax brackets and rates may vary based on filing status.
Calculate Tax
Click "Calculate Tax" to see your estimated income tax, after-tax income, effective tax rate, and monthly take-home pay.
Formula
Tax = Calculated based on progressive tax brackets
After Tax Income = Annual Income - Tax
Effective Tax Rate = (Tax ÷ Annual Income) × 100
Pakistan Tax Brackets (2024):
• PKR 0 - 600,000: 0%
• PKR 600,001 - 1,200,000: 2.5%
• PKR 1,200,001 - 2,400,000: 12.5%
• PKR 2,400,001 - 3,600,000: 22.5%
• PKR 3,600,001 - 6,000,000: 27.5%
• PKR 6,000,001+: 35%
Example Calculation:
If annual income is PKR 2,000,000:
• First 600,000: 0% = PKR 0
• Next 600,000: 2.5% = PKR 15,000
• Next 800,000: 12.5% = PKR 100,000
• Total tax: PKR 115,000
About Income Tax Calculator Pakistan
The Pakistan Income Tax Calculator helps you estimate your income tax liability based on Pakistan's progressive tax system. Pakistan uses a tiered tax bracket system where different portions of your income are taxed at different rates. This calculator provides an estimate of your annual income tax, after-tax income, and effective tax rate to help with financial planning and tax preparation.
When to Use This Calculator
- Tax Planning: Estimate your annual tax liability
- Budget Planning: Plan your budget based on after-tax income
- Salary Negotiation: Understand take-home pay at different salary levels
- Tax Preparation: Get an estimate before filing taxes
- Financial Planning: Factor taxes into your financial plans
Pakistan Tax System Overview
- Progressive Tax System: Higher income is taxed at higher rates
- Tax Year: July 1 to June 30 (fiscal year)
- Filing Deadline: Typically September 30 for individuals
- Tax Exemptions: Various exemptions and deductions may apply
- Withholding Tax: Salaried individuals may have tax withheld at source
Why Use Our Calculator?
- ✅ Quick Estimate: Get instant tax calculations
- ✅ Accurate Brackets: Uses current Pakistan tax brackets
- ✅ After-Tax Income: See your take-home pay
- ✅ Effective Rate: Understand your overall tax burden
- ✅ 100% Free: No registration or payment required
⚠️ Important Note: This calculator provides estimates based on standard tax brackets. Actual tax liability may vary based on deductions, exemptions, credits, and other factors. For accurate tax calculations, consult a tax professional or use official FBR (Federal Board of Revenue) resources. Tax laws and rates may change, so verify current rates before making financial decisions.
Frequently Asked Questions
What are the current Pakistan tax rates?
Pakistan uses progressive tax brackets: 0% up to PKR 600,000, 2.5% on 600,001-1,200,000, 12.5% on 1,200,001-2,400,000, 22.5% on 2,400,001-3,600,000, 27.5% on 3,600,001-6,000,000, and 35% above PKR 6,000,000. Rates may vary by tax year and individual circumstances.
Is this calculator accurate?
This calculator provides estimates based on standard tax brackets. Actual tax liability depends on deductions, exemptions, credits, and other factors. For accurate calculations, consult a tax professional or use official FBR resources. Tax rates may change annually.
What deductions are available in Pakistan?
Common deductions in Pakistan may include Zakat (if applicable), charitable donations, certain business expenses, and other tax credits. The availability and amounts of deductions vary based on individual circumstances and tax year.
When is the tax filing deadline in Pakistan?
For individuals, the tax filing deadline is typically September 30 of each year for the previous tax year (July 1 to June 30). Deadlines may vary, so check with FBR for current requirements.
Do I need to file taxes in Pakistan?
Tax filing requirements depend on your income level and sources. Generally, if your annual income exceeds the tax-free threshold or you have certain types of income, you may need to file. Consult with a tax professional or FBR for specific requirements.