Tue, 21-Oct-2025

Income Tax Calculator for fiscal year 2024-25

Income Tax Calculator for fiscal year 2024-25

In the federal budget for the fiscal year 2024-25, Pakistan’s federal government has increased the income tax rate for individuals earning Rs600,000 or more annually. People earning Rs50,000 per month will be exempt from income tax, as the government has introduced various tax brackets, with rates reaching up to 45%. Specifically, individuals with a Rs50,000 … Read more