Salary Tax Calculator
Tax Calculator Pakistan 2022 - 2023
This is latest tax calculator which applicable from July 01, 2022 to June 30, 2023 and updated on August 22, 2022
CORPTAX Annual Income Tax Calculator
The government of Pakistan decides every year the tax ratio on annual income salary. COPRTAX tax consultancy firm which provides updated tax records.
If your salary does not exceed PKR. 600,000 then the rate of income tax is 0 %. If your annual salary is more than PKR. 600,000 you are able to pay taxes. If your annual salary is between PKR. 600,000 to 1200,000 the tax ratio is 2.5 % of your annual salary. If your annual salary is between PKR. 1200,000 to 2400,000 the annual income tax ratio is PKR. 15,000 + 12.5 %. If your annual salary income is between PKR. 2400,000 to 3600,00 then your annual income tax ratio is PKR, 165,000 + 20 %. If your annual income salary is between PKR. 3,600,000 to 6,000,000 then the income tax ratio is PKR. 405,000 + 25 %. If your annual income salary is between PKR. 6,000,000 to 12,000,000 then the income tax ratio is PKR. 1,005,000 + 32.5 %. If your annual income salary exceeds PKR. 12,000,000 then the annual income tax ratio is PKRs. 2,955,000 + 35 %. You can see these results after using the salary tax calculator.
You can use the salary tax calculator to find how much tax applies to your annual income salary. The calculator calculates the tax as per as federal budget 2022-2023 presented by the Government of Pakistan.
Our salary tax calculator is constantly updated with the latest regulations and tax rates in Pakistan.
Facts About Us
