Pakistan
Individual - Sample personal income tax calculation
Last reviewed - 18 December 2024Tax computation of individuals for 2024/25 for salaried individual is as follows:
Particulars | Amount (PKR) |
Income earned: | |
Salary | 5,000,000 |
Benefits | 500,000 |
Less: Deductions | |
Zakat to approved institutions | (50,000) |
Medical allowance | (100,000) |
Taxable income | 5,350,000 |
Tax due: | |
On PKR 4,100,000 | 700,000 |
On balance PKR 1,250,000 at 35% | 437,500 |
Total tax due | 1,137,500 |