Pakistan

Individual - Sample personal income tax calculation

Last reviewed - 01 January 2021

Tax computation of individuals for 2020/21 for salaried individual is as follows:

Particulars Amount (PKR)
Income earned:  
Salary 5,000,000
Benefits 500,000
Less: Deductions  
Zakat and donations to approved institutions (50,000)
Medical allowance (100,000)
   
Taxable income 5,350,000
   
Tax due:  
On PKR 5,000,000 670,000
On balance PKR 350,000 at 22.5% 78,750
   
Total tax due 748,750