Income tax calculator Islamabad Capital Territory
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₨ 60,000
Income Tax
- ₨ 250
Social Security
- ₨ 250
Total tax
- ₨ 500
Net pay
*
₨ 59,500
Marginal tax rate
2.5%
Average tax rate
0.8%
99.2%
Net pay
0.8%
Total tax
Total tax
Net pay
The Taxberg
₨ 59,500
Net pay
₨ 1,250
Tax the employer pays
₨ 500
Tax you pay
Total tax paid
₨ 1,750
Did you know your employer also pays tax on your salary? It costs the employer ₨ 1,250 to pay you ₨ 60,000. In other words, every time you spend ₨ 10 of your hard-earned money, ₨ 0.29 goes to the government.
Real tax rate
2.9%
So, with you and the employer both paying tax, what used to be a 0.8% tax rate now rises to 2.9%, meaning your real tax rate is actually 2.1% higher than what it seemed at first.
Summary
If you make ₨ 720,000 a year living in the region of Islamabad Capital Territory, Pakistan, you will be taxed ₨ 6,000. That means that your net pay will be ₨ 714,000 per year, or ₨ 59,500 per month. Your average tax rate is 0.8% and your marginal tax rate is 2.5%. 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 ₨ 2.50, hence, your net pay will only increase by ₨ 97.50.
Bonus Example
A ₨ 1,000 bonus will generate an extra ₨ 975 of net incomes. A ₨ 5,000 bonus will generate an extra ₨ 4,875 of net incomes.
Compare average tax
Tax per region
Region
Net pay
Average tax
Rank
Balochistan
PKR 714000
0.8%
1
Islamabad Capital Territory
PKR 714000
0.8%
2
Khyber Pakhtunkhwa
PKR 714000
0.8%
3
Sindh
PKR 714000
0.8%
4
Europe
Country
Net pay
Average tax
Rank
United Kingdom
PKR 720001
0.0%
1
Germany
PKR 720001
0.0%
2
Austria
PKR 720001
0.0%
3
Ireland
PKR 720001
0.0%
4
Norway
PKR 720000
0.0%
5
Spain
PKR 674280
6.4%
6
Switzerland
PKR 663473
7.9%
7
Sweden
PKR 656188
8.9%
8
Italy
PKR 653834
9.2%
9
France
PKR 650159
9.7%
10
Czech Republic
PKR 640800
11.0%
11
Luxembourg
PKR 640441
11.1%
12
Russia
PKR 626400
13.0%
13
Hungary
PKR 586800
18.5%
14
Ukraine
PKR 579600
19.5%
15
Poland
PKR 565372
21.5%
16
Greece
PKR 562686
21.9%
17
Portugal
PKR 536040
25.6%
18
Finland
PKR 498600
30.8%
19
Belgium
PKR 489601
32.0%
20
Denmark
PKR 467568
35.1%
21
Netherlands
PKR 453048
37.1%
22
Romania
PKR 421200
41.5%
23
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North America
Country
Net pay
Average tax
Rank
USA
PKR 657641
8.7%
1
Canada
PKR 637844
11.4%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Australia
PKR 720000
0.0%
1
Singapore
PKR 719999
0.0%
2
Hong Kong
PKR 720000
0.0%
3
Pakistan
PKR 714000
0.8%
4
Thailand
PKR 684000
5.0%
5
Philippines
PKR 677811
5.9%
6
Indonesia
PKR 661472
8.1%
7
Taiwan
PKR 656273
8.9%
8
South Korea
PKR 643042
10.7%
9
Malaysia
PKR 634869
11.8%
10
New Zealand
PKR 634392
11.9%
11
India
PKR 633600
12.0%
12
China
PKR 625068
13.2%
13
Vietnam
PKR 610544
15.2%
14
Japan
PKR 585062
18.7%
15
Kazakhstan
PKR 570240
20.8%
16
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Latin America
Country
Net pay
Average tax
Rank
Mexico
PKR 701888
2.5%
1
Brazil
PKR 665137
7.6%
2
Colombia
PKR 683300
7.8%
3
Puerto Rico
PKR 662760
8.0%
4
Ecuador
PKR 651959
9.5%
5
Guatemala
PKR 650963
9.6%
6
Costa Rica
PKR 644400
10.5%
7
Panama
PKR 640799
11.0%
8
Peru
PKR 630000
12.5%
9
Argentina
PKR 597600
17.0%
10
Chile
PKR 593280
17.6%
11
Uruguay
PKR 589680
18.1%
12
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Africa
Country
Net pay
Average tax
Rank
South Africa
PKR 712800
1.0%
1
Morocco
PKR 671472
6.7%
2
Zambia
PKR 628074
12.8%
3
Kenya
PKR 622007
13.6%
4
Ivory Coast
PKR 620408
13.8%
5
Cameroon
PKR 607478
15.6%
6
Mozambique
PKR 596015
17.2%
7
Ghana
PKR 579149
19.6%
8
Senegal
PKR 561975
22.0%
9
Angola
PKR 555325
22.9%
10
Uganda
PKR 551423
23.4%
11
Nigeria
PKR 524246
27.2%
12
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Middle East
Country
Net pay
Average tax
Rank
Saudi Arabia
PKR 720000
0.0%
1
United Arab Emirates
PKR 683999
5.0%
2
Qatar
PKR 684000
5.0%
3
Bahrain
PKR 662402
8.0%
4
Oman
PKR 662401
8.0%
5
Kuwait
PKR 640796
11.0%
6
Israel
PKR 625320
13.2%
7
Lebanon
PKR 592530
17.7%
8
Egypt
PKR 564404
21.6%
9
Turkey
PKR 471932
34.5%
10
Show more
NOTE* Withholding is calculated based on the Islamabad Capital Territory tables of Pakistan, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. This document does not represent legal authority and shall be used for approximation purposes only.