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Pakistan
Individual - Sample personal income tax calculation
Last reviewed - 01 August 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 |
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Asim Zulfiqar Ali
Tax Partner, PwC Pakistan
Maqsood Ahmad
Tax Partner, PwC Pakistan