Summary
If you make ₨ 40,430,004 a year living in the region of Islamabad Capital Territory, Pakistan, you will be taxed ₨ 12,908,501. That means that your net pay will be ₨ 27,521,503 per year, or ₨ 2,293,459 per month. Your average tax rate is 31.9% and your marginal tax rate is 35.0%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of ₨ 100 in your salary will be taxed ₨ 35, hence, your net pay will only increase by ₨ 65.
Bonus Example
A ₨ 1,000 bonus will generate an extra ₨ 650 of net incomes. A ₨ 5,000 bonus will generate an extra ₨ 3,250 of net incomes.