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
₨ 42,000
Income Tax
- ₨ 425
Social Security
- ₨ 125
Total tax
- ₨ 550
Net pay
*
₨ 41,450
Marginal tax rate
2.5%
Average tax rate
1.3%
98.7%
Net pay
1.3%
Total tax
Total tax
Net pay
The Taxberg
₨ 41,450
Net pay
₨ 625
Tax the employer pays
₨ 550
Tax you pay
Total tax paid
₨ 1,175
Did you know your employer also pays tax on your salary? It costs the employer ₨ 625 to pay you ₨ 42,000. In other words, every time you spend ₨ 10 of your hard-earned money, ₨ 0.28 goes to the government.
Real tax rate
2.8%
So, with you and the employer both paying tax, what used to be a 1.3% tax rate now rises to 2.8%, meaning your real tax rate is actually 1.5% higher than what it seemed at first.
Summary
If you make ₨ 1,008,000 a year living in the region of Islamabad Capital Territory, Pakistan, you will be taxed ₨ 13,200. That means that your net pay will be ₨ 994,800 per year, or ₨ 82,900 per month. Your average tax rate is 1.3% 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.
Tax per region
Region
Net pay
Average tax
Rank
Balochistan
PKR 994800
1.3%
1
Islamabad Capital Territory
PKR 994800
1.3%
2
Khyber Pakhtunkhwa
PKR 994800
1.3%
3
Sindh
PKR 994800
1.3%
4
Asia / Pacific
Country
Net pay
Average tax
Rank
Australia
PKR 1008000
0.0%
1
Singapore
PKR 1007999
0.0%
2
Hong Kong
PKR 1008000
0.0%
3
Pakistan
PKR 994800
1.3%
4
Thailand
PKR 957600
5.0%
5
Philippines
PKR 955579
5.2%
6
Indonesia
PKR 925844
8.2%
7
Taiwan
PKR 918782
8.9%
8
South Korea
PKR 899253
10.8%
9
Malaysia
PKR 888998
11.8%
10
New Zealand
PKR 888149
11.9%
11
India
PKR 887040
12.0%
12
China
PKR 861258
14.6%
13
Vietnam
PKR 844871
16.2%
14
Japan
PKR 819087
18.7%
15
Kazakhstan
PKR 798336
20.8%
16
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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.