Income Tax Calculator has been designed under the rights of K Counsels ( Advocates & Accountants) for the pupose of calaculating Income Tax Payable to FBR Pakistan only for the Tax Year 2021-22. You may enter your YEARLY salary income or business income in the given tab. Resultantly, you will get the Income Tax Payable for the said Tax Year. It is not out of the way to mention here that due to complexity or change of income nature, the results may likely be varied as some income are charged as fixed income tax rate or etc. However in case of exact calculation of Income Tax calculation you may Contact Us
Step 1: Calculate your yearly income (e.g multiplying monthly income by 12).
Step 2: Choose your relevant category (e.g salary, business, salary income more than 50% of total income)
Step 3: Enter your total income in the relevant Box
| Yearly Amount in PKR | TAX ON AMOUNT (PKR) |
| Upto 600,000 | 0% (Exempt, i.e Flat Rs.50,000/Month) |
| 600,001 to 1,200,000 | 5% of the amount above Rs.600,000 but upto 1,200,000 |
| 1,200,001 to 1,800,000 | 30,000 + 10% of the amount above Rs.1,200,000 but upto Rs.1,800,000 |
| 1,800,001 to 2,500,000 | 90,000 + 15% of the amount above Rs.1,800,000 but upto Rs.2,500,000 |
| 2,500,001 to 3,500,000 | 195,000 + 17.5% of the amount above Rs.2,500,000 but upto Rs.3,500,000 |
| 3,500,001 to 5,000,000 | 370,000 + 20% of the amount above Rs.3,500,000 but upto Rs.5,000,000 |
| 5,000,001 to 8,000,000 | 670,000 + 22.5% of the amount above Rs.5,000,000 but upto Rs.8,000,000 |
| 8,000,001 to 12,000,000 | 1,345,000 + 25% of the amount above Rs.8,000,000 but upto Rs.12,000,000 |
| 12,000,001 to 30,000,000 | 2,345,000 + 27.5% of the amount above Rs.12,000,000 but upto Rs.30,000,000 |
| 30,000,001 to 50,000,000 | 7,295,000 + 30% of the amount above Rs.30,000,000 but upto Rs.50,000,000 |
| 50,000,001 to 75,000,000 | 13,295,000 + 32.5% of the amount above Rs.50,000,000 but upto Rs.75,000,000 |
| Above 75,000,000 | 21,420,000 + 35% of the amount above Rs.75,000,000 |
| YEARLY AMOUNT IN PKR | TAX ON AMOUNT IN PKR |
|---|---|
| Upto 400,000 | 0% (Exempt; Approximately 33,333.33/Month) |
| 400,001 to 600,000 | 5% of the amount above Rs.400,000 but upto 600,000 |
| 600,001 to 1,200,000 | 10,000 + 10% of the amount above Rs.600,000 but upto Rs.1,200,000 |
| 1,200,001 to 2,400,000 | 70,000 + 15% of the amount above Rs.1,200,000 but upto Rs.2,400,000 |
| 2,400,001 to 3,000,000 | 250,000 + 20% of the amount above Rs.2,400,000 but upto Rs.3,000,000 |
| 3,000,001 to 4,000,000 | 370,000 + 25% of the amount above Rs.3,000,000 but upto Rs.4,000,000 |
| 4,000,001 to 6,000,000 | 620,000 + 30% of the amount above Rs.4,000,000 but upto Rs.6,000,000 |
| Above 6,000,000 | 1,220,000 + 35% of the amount above Rs.6,000,000 |
