Pakistan Salaried Income Tax (Tax Years 2023–2027)

What this calculator uses

The income tax calculator applies the salaried-individual slabs for the tax year you select. A Pakistan tax year runs 1 July – 30 June and is named after the year it ends (Tax Year 2026 = income earned 1 July 2025 – 30 June 2026). The “salaried” slabs apply where salary is at least 75% of taxable income. Pick an earlier year to check an old salary or payslip against the slabs in force then.

Tax Year 2027 — Budget 2026-27 (⚠️ PROPOSED, not yet law)

Presented on 12 June 2026, the 2026-27 federal budget proposes lower rates for four salaried slabs and abolishes the surcharge. These figures are from the Finance Bill and are not yet enacted — confirm against the final Finance Act before relying on them. This is why TY2027 is not the calculator’s default.

Annual taxable income (PKR)	Tax
Up to 600,000	0%
600,001 – 1,200,000	1% of the amount over 600,000
1,200,001 – 2,200,000	6,000 + 11% of the amount over 1,200,000
2,200,001 – 3,200,000	116,000 + 20% of the amount over 2,200,000
3,200,001 – 4,100,000	316,000 + 25% of the amount over 3,200,000
4,100,001 – 5,600,000	541,000 + 29% of the amount over 4,100,000
5,600,001 – 7,000,000	976,000 + 32% of the amount over 5,600,000
Above 7,000,000	1,424,000 + 35% of the amount over 7,000,000

Reported changes vs TY2026: 2.2–3.2m cut from 23% to 20%, 3.2–4.1m from 30% to 25%, 4.1–5.6m from 35% to 29%, 5.6–7m from 35% to 32%, and the surcharge removed. The lower bands (0%, 1%, 11%) are unchanged.

Tax Year 2026 — Finance Act 2025 (annual taxable income)

Annual taxable income (PKR)	Tax
Up to 600,000	0%
600,001 – 1,200,000	1% of the amount over 600,000
1,200,001 – 2,200,000	6,000 + 11% of the amount over 1,200,000
2,200,001 – 3,200,000	116,000 + 23% of the amount over 2,200,000
3,200,001 – 4,100,000	346,000 + 30% of the amount over 3,200,000
Above 4,100,000	616,000 + 35% of the amount over 4,100,000

A 9% surcharge applies to the computed tax where annual taxable income exceeds PKR 10,000,000 (reduced from 10% by the Finance Act 2025).

Tax Year 2025 — Finance Act 2024

Annual taxable income (PKR)	Tax
Up to 600,000	0%
600,001 – 1,200,000	5% of the amount over 600,000
1,200,001 – 2,200,000	30,000 + 15% of the amount over 1,200,000
2,200,001 – 3,200,000	180,000 + 25% of the amount over 2,200,000
3,200,001 – 4,100,000	430,000 + 30% of the amount over 3,200,000
Above 4,100,000	700,000 + 35% of the amount over 4,100,000

A 10% surcharge applies where annual taxable income exceeds PKR 10,000,000.

Tax Year 2024 — Finance Act 2023

Annual taxable income (PKR)	Tax
Up to 600,000	0%
600,001 – 1,200,000	2.5% of the amount over 600,000
1,200,001 – 2,400,000	15,000 + 12.5% of the amount over 1,200,000
2,400,001 – 3,600,000	165,000 + 22.5% of the amount over 2,400,000
3,600,001 – 6,000,000	435,000 + 27.5% of the amount over 3,600,000
Above 6,000,000	1,095,000 + 35% of the amount over 6,000,000

Tax Year 2023 — Finance Act 2022

Annual taxable income (PKR)	Tax
Up to 600,000	0%
600,001 – 1,200,000	2.5% of the amount over 600,000
1,200,001 – 2,400,000	15,000 + 12.5% of the amount over 1,200,000
2,400,001 – 3,600,000	165,000 + 20% of the amount over 2,400,000
3,600,001 – 6,000,000	405,000 + 25% of the amount over 3,600,000
6,000,001 – 12,000,000	1,005,000 + 32.5% of the amount over 6,000,000
Above 12,000,000	2,955,000 + 35% of the amount over 12,000,000

How the figure is calculated

The slabs apply to annual taxable income. A monthly salary is multiplied by 12 first, the yearly tax is computed from the slabs, then divided back by 12 for the monthly figure. Each slab charges a fixed amount plus a marginal rate on the portion of income above that slab’s starting point — the same method FBR and tools such as munshi.io use.

Assumptions & limitations

• Figures are for salaried individuals only; business/AOP slabs differ.
• The calculator does not apply tax credits, allowances, or deductions.
• It is an estimate for planning, not tax advice or an official assessment.

Verify before you rely on it

Pakistan’s federal budget is presented every June. Around budget season the latest year’s slabs may be newly announced or pending. Always confirm the current slabs against the FBR Finance Act before relying on a figure.