Income Tax Calculator For Salaried Class Tax Year 2016-

Monthly Salary
Annual Salary
Annual Income Tax
Monthly Income Tax
Net Salary

Developed by : Nasir Ali Khan (ACCA, APFA)

E-mail: nasirak786@gmail.com

Rs.
100,000.00
1,200,000.00
59,499.90
4,958.33
95,041.68

Year 2016-17
No.
Nasir Ali Khan:
Enter Monthly Salary here.

Lower
Limit

Upper Limit

Fixed
Amount
Addition

400,000

400,001

500,000

500,001

750,000

2,000

750,001

1,400,000

14,500

1,400,001
1,500,001
1,500,001
1,800,001
1,800,001
2,500,000
2,500,001
3,000,001
3,000,001
3,500,000
3,500,001
4,000,000
4,000,001
7,000,000
7,000,001 10,000,000,000

79,500
92,000
137,000
259,500
359,500
472,000
597,000
1,422,000

4
5
6
7
8
9
10
11

Annual Tax Liability

Monthly Tax Libility

Income
Tax Rate
(%)

Taxable
Salary

Tax Liability

1,200,000

2%

1,200,000

5%

1,200,000

10%

1,200,000

12.50%
15%
17.50%
20%
22.50%
25%
27.50%
30%

1,200,000
1,200,000
1,200,000
1,200,000
1,200,000
1,200,000
1,200,000
1,200,000

ual Tax Liability

thly Tax Libility

59,499.90
-

59,499.90
4,958.33