Income Tax Calculator Pakistan 2017 18

The income tax department appeals to taxpayers not to respond to such e mails and not to share information relating to their credit card bank and other financial accounts.

Income tax calculator pakistan 2017 18. There are details of tax calculations on which basis income tax calculator works to calculate your monthly and annual income and tax. In this income tax calculator you can find your annual income and total payable tax amount on your salary. Income tax calculator is a simple web based tool for calculating your net income tax liability for the current assessment year ay 2018 19 or the next ay 2019 20 or fy 2018 19. 400 000 the rate of income tax is 0.

Income tax slab 2 51 lakhs to 5 lakhs reduces to 5 tax from 10. Annual income tax calculator 2017 18 for government employees has been prepared by mr. Useful for the salaried employees of government and private sector. Please find below changes has been made w r t income taxation there are some updates like.

Salient features of the tax calculator. The income tax department never asks for your pin numbers passwords or similar access information for credit cards banks or other financial accounts through e mail. Where the taxable salary income does not exceed rs. Was always a tricky job for accountants.

That means you would be paying taxes for the income earned during the last financial year fy 2017 18 1 april 2017 to 31 march 2018. Starting in april 2017 the income tax on your salary is calculated differently if you live in scotland. Where the taxable salary income does not exceed rs. Income tax slabs an income tax bill of following slabs and income tax rates passed by the government of pakistan will be applicable for salaried persons for the year 2018 2019.

Income tax calculator for the fy 2017 18. As per income tax exemption bill passed by government of pakistan following slabs and income tax rates will be applicable for salaried persons for the year 2018 2019. Withholding tax calculator salary and rent 2017 18 understanding new taxation slabs and calculation of income tax on salary withholding tax on rent etc. As per federal budget 2019 2020 presented by government of pakistan following slabs and income tax rates will be applicable for salaried persons for the year 2019 2020.

Private sector employees can use to do their flexi allocation and tax. Download check out use our popular income tax calculator fy 2017 18 in excel which incorporates the recent changes in union budget 2017 by fm arun jaitley. Download check out and use the simple excel template which incorporates the changes proposed in the union budget 2017. They always tried to search some easy tool to calculate taxes on salary rent and had to find rates from different sources.

Taxes on personal income is a vital revenue sources for government employees. Track student loan repayments pension contributions and much more.