INCOME TAX CALCULATOR FOR SALARIED PERSON

TAX YEAR 2023-24

Company Name ABC CO.

Optional Information >>>> Employee Code 12345
Employee Name EMPLOYEE

Type Data Here Results

Monthly Gross Salary 150,000 Annual Tax Liability 69,545

Number of Months 12 Monthly Tax Liability 5,795

Medical Allowance(0 to 10%) 10% Take Home Salary 144,205

Where the taxable but does not Taxable

SLAB To Rate Of Tax Addition Tax Liability
Income Exceeds exceed rupees Salary

1 - 600,000 0.00% - 1,636,364 -

2 600,001 To 1,200,000 2.50% - 1,636,364 -
3 1,200,001 To 2,400,000 12.50% 15,000 1,636,364 69,545
4 2,400,001 To 3,600,000 22.50% 165,000 1,636,364 -
5 3,600,001 To 6,000,000 27.50% 435,000 1,636,364 -
6 6,000,001 To 10,000,000,000 35.00% 1,095,000 1,636,364 -

PREPARED BY: ABDUL WAHEED, ACA

A. WAHEED & CO. (Chartered Accountants)
CELL: 0300-9709988
INCOME TAX CALCULATOR FOR SALARIED PERSON
TAX YEAR 2023-24

Company Name ABC CO.

Optional Information >>>> Employee Code 12345
Employee Name EMPLOYEE

Type Data Here Results

Monthly Gross Salary 150,000 Annual Tax Liability 69,545

Number of Months 12 Monthly Tax Liability 5,795

Medical Allowance (Rupees) 13,636 Take Home Salary 144,205

Where the taxable but does not Taxable

SLAB To Rate Of Tax Addition Tax Liability
Income Exceeds exceed rupees Salary

1 - 600,000 0.00% - 1,636,364 -

2 600,001 To 1,200,000 2.50% - 1,636,364 -
3 1,200,001 To 2,400,000 12.50% 15,000 1,636,364 69,545
4 2,400,001 To 3,600,000 22.50% 165,000 1,636,364 -
5 3,600,001 To 6,000,000 27.50% 435,000 1,636,364 -
6 6,000,001 To 10,000,000,000 35.00% 1,095,000 1,636,364 -

PREPARED BY: ABDUL WAHEED, ACA

A. WAHEED & CO. (Chartered Accountants)
CELL: 0300-9709988
INCOME WITHHOLDING TAX ON RENT U/S 155
TAX YEAR 2023-24
Company Name ABC CO.
Optional Information >>>> Landlord Name Landlord
Property Jail Road

Type Data Here Results

Monthly Gross Rent 60,000 Monthly Tax Deduction 2,250

Number of Months 12 Net Monthly Rent Payable 57,750

Where the rent but does not WHT

SLAB To Rate Of Tax Addition Annual Rent
amount Exceeds exceed rupees Amount

1 - 300,000 0.00% - 720,000 -

2 300,001 To 600,000 5.00% - 720,000 -
3 600,001 To 2,000,000 10.00% 15,000 720,000 27,000
4 2,000,001 To 10,000,000,000 25.00% 155,000 720,000 -

PREPARED BY: ABDUL WAHEED, ACA

A. WAHEED & CO. (Chartered Accountants)
CELL: 0300-9709988

Note: Above calculation in case of landlord is individual or association of persons. If landlord is company, then
deduction shall be 15% of the gross amount of rent.
INCOME TAX CALCULATOR FOR BUSINESS INDIVIDUAL & AOP
TAX YEAR 2023-24
Company Name ABC CO.
Optional Information >>>>
Tax Year 2024

Type Data Here Results

Taxable Income 2,000,000 Tax Chargeable 235,000

Tax Deducted During year - Tax Payable 235,000

B/F Tax refunds - Tax Refundable -

Where the taxable but does not Taxable

SLAB To Rate Of Tax Addition Tax Liability
Income Exceeds exceed rupees Income

1 - 600,000 0.00% - 2,000,000 -

2 600,001 To 800,000 7.50% - 2,000,000 -
3 800,001 To 1,200,000 15.00% 15,000 2,000,000 -
4 1,200,001 To 2,400,000 20.00% 75,000 2,000,000 235,000
5 2,400,001 To 3,000,000 25.00% 315,000 2,000,000 -
6 3,000,001 To 4,000,000 30.00% 465,000 2,000,000 -
7 4,000,001 To 10,000,000,000 35.00% 765,000 2,000,000 -

PREPARED BY: ABDUL WAHEED, ACA

A. WAHEED & CO. (Chartered Accountants)
CELL: 0300-9709988