The GoWakeel Tax Calculator helps you quickly estimate your net income by factoring in taxes, deductions, and exemptions based on the latest FBR tax slabs.
Select the tax year for calculation
Enter gross monthly salary
| Annual Income (PKR) | Tax Rate | Fixed Tax |
|---|---|---|
| Up to 600,000 | 0% | 0 |
| 600,001 to 1,200,000 | 5% | 0 |
| 1,200,001 to 2,200,000 | 15% | 30,000 |
| 2,200,001 to 4,200,000 | 20% | 180,000 |
| 4,200,001 to 6,200,000 | 25% | 580,000 |
| Above 6,200,000 | 32.5% | 1,080,000 |
Pakistan follows a progressive tax system where higher income levels are taxed at higher rates. Here's how your income tax is calculated:
Note: This calculator provides estimates based on the standard tax slabs. Actual tax liability may vary based on additional income sources, deductions, and exemptions.
There are several legal ways to reduce your tax liability in Pakistan. Here are some strategies that can help you save on taxes:
Contributions to approved pension funds are tax-deductible up to 20% of your taxable income.
Deduct health insurance premiums paid for yourself and your family.
Claim tax credits for education expenses at recognized institutions.
Zakat paid under the Zakat Ordinance is deductible from your taxable income.
Donations to approved non-profit organizations can be claimed as tax credits.
Our tax experts can help you with tax planning, return filing, and maximizing your tax savings.
