Income Tax Calculator (Tax Year 2014)

For the Income Tax for Salaried Individual

Total Monthly Salary

PKR 111,996

Total Taxable Salary

PKR 1,343,952

Total Annual Tax

PKR 76,895.20

Total Monthly Tax

6,408

Average tax rate

Shabbir Ahmed Pasha

M.Phil Associate, MA Economics
CICA (USA), CPFA (Canada), MIPA (Australia), AMIA (UK)
ACMA(NG), APFA, ACSP, CFA
Director - Direct Taxation
HERITAGE Financial Management Pakistan

6%

400,000
750,000
1,400,000
1,500,000
1,800,000
2,500,000
3,000,000
3,500,000
4,000,000
7,000,000

750,001
1,400,001
1,500,001
1,800,001
2,500,001
3,000,001
3,500,001
4,000,001
7,000,001

750,000
1,400,000
1,500,000
1,800,000
2,500,000
3,000,000
3,500,000
4,000,000
7,000,000
-

17,500
82,500
95,000
140,000
262,500
362,500
475,000
600,000
1,425,000

5%
10%
12.5%
15.0%
17.5%
20.0%
22.5%
25.0%
27.5%
30.0%

17,500
65,000
12,500
45,000
122,500
100,000
112,500
125,000
825,000

82,500
95,000
140,000
262,500
362,500
475,000
600,000
1,425,000