Income Tax Calculator 2024-25
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Salary Tax Slabs According to Budget 2024 – 25
If the annual salary income does not exceed PKR. 600,000 then the rate of the income tax is 0%
If the annual salary income exceeds PKR. 600,000 but does not exceed PKR. 1.2 million then the rate of income tax is 2.5% of the amount exceeding PKR. 600,000.
If the taxable annual income exceeds PKR. 1.2 million but does not exceed PKR. 2.4 million then the rate of income tax is PKR. 15,000 + 12.5% of the amount exceeding PKR. 1.2 million.
If the annual salary income exceeds PKR. 2.4 million but does not exceed PKR. 3.6 million then the rate of income tax is flat PKR 165,000 + 22.5% of the amount exceeding PKR. 2.4 million
If the annual salary income exceeds PKR. 3.6 million but does not exceed PKR. 6 million then the rate of income tax is flat PKR. 435,000 + 27.5% of the amount exceeding PKR. 3.6 million
If the annual salary income exceeds PKR. 6 million then the rate of income tax is flat PKR 1,095,000 + 35% of the amount exceeding PKR. 6 million
Frequently Asked Questions
Tax consultation is a service that provides expert advice and guidance on tax-related matters. This can include advice on tax planning, compliance with tax laws and regulations, and help with preparing and filing tax returns.
There are many reasons why you might choose to use a tax consultation service. For example, if you’re a small business owner or self-employed, you may not have the time or expertise to navigate the complexities of the tax code. By using a tax consultant, you can ensure that you’re meeting all of your tax obligations and potentially save money by taking advantage of tax deductions and credits.
Our tax consultation service offers a range of services, including tax planning, tax preparation, IRS audit representation, and tax resolution services. We work with individuals, businesses, and nonprofit organizations to provide customized solutions to their tax-related needs.
The cost of our tax consultation services will depend on the specific services you require and the complexity of your tax situation. We offer a free initial consultation to discuss your needs and provide a quote for our services.
To get started, simply contact us through our website or by phone to schedule a free initial consultation. During this consultation, we’ll discuss your tax situation and determine how we can best assist you. From there, we’ll provide a quote for our services and work with you to develop a customized plan to meet your tax-related needs.
