Income Tax Calculator Pakistan 2016 2017

income-tax-calculator-2014-2015

As per the Finance Act 2015 approved by Government of Pakistan, this web based tax calculator applies income tax rates in Pakistan on taxable income of salaried persons and salaried class.

A salaried person class slabs are applicable where salary income exceeds more than 50% of the total taxable income.

A senior citizen of Pakistan, being a taxpayer, aged 60 years or more on the first day of the relevant tax year, is allowed a rebate of 50% of the tax payable amount if his/her taxable income in that tax year is Rs. 1,000,000/- or less.

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