Summary
If you make ₨ 118,799,976 a year living in the region of Islamabad Capital Territory, Pakistan, you will be taxed ₨ 40,337,992. That means that your net pay will be ₨ 78,461,984 per year, or ₨ 6,538,499 per month. Your average tax rate is 34.0% 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.