Income Tax Calculator

About Income Tax Calculator Application:

This application is an easy to use income tax calculator for salaried and non-salaried people in Pakistan. With this application get to know if your income is taxable or not and/or how much income tax will be deducted as per FBR (Federal Board of Revenue, Pakistan) Tax Rules for Financial year 2019-20 for your salaried or non-salaried income.

You can enter your income details as:

1. monthly or yearly
2. whether your income is salaried or non-salaried

This tax calculator will automatically calculate your:

1. annual/monthly (salaried/non-salaried) income
2. applicable annual and monthly income tax amount applicable in Pakistan for Financial Year 2019 and onward
3. annual and monthly income after income tax (salaried/non-salaried) is deducted
4. and the tax clause (salaried/non-salaried) which applies to you according to your income in Pakistan for Financial Year 2019 and onward
5. Graphically show you Percent Tax you are paying through Pie Chart

You can also check all the tax slabs as per Federal Budget 2019-2020 presented by Government of Pakistan and income tax rates which will be applicable for the year 2019-2020

This income tax calculator application comprises of the latest income tax rates for salaried and non-salaried persons as per 2019-2020 budget presented by Pakistan Tehreek Insaf (PTI) government.

About Income

Income tax is the tax that governments impose on income created by businesses or individuals. By law, taxpayers should file the income taxes annually and this tax calculator application can help you find your tax obligations in Pakistan for year 2019-20. Income tax is a major source of revenue for the countries around the world like Pakistan. Income tax is used to fund public services and pay government obligations.