Salary Calculation:
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The ADP Salary Calculator helps estimate net salary in Pakistan for 2024-2025 by calculating deductions from gross pay including income tax and other taxes.
The calculator uses the following equation:
Where:
Details: Accurate net pay calculation helps employees understand their take-home salary and plan their finances accordingly.
Tips: Enter gross pay in PKR/year, income tax amount, and other taxes. All values must be valid positive numbers.
Q1: What are Pakistan's income tax slabs for 2024-2025?
A: 0% up to PKR 600,000, 2.5% on next PKR 400,000, 12.5% on next PKR 500,000, etc.
Q2: What counts as "other taxes"?
A: This may include provincial taxes, social security contributions, or other mandatory deductions.
Q3: Is this calculator official?
A: This is an estimation tool. For official calculations, consult your employer or tax advisor.
Q4: Does this include bonuses or allowances?
A: These should be included in your gross pay amount if they are taxable.
Q5: How often should I calculate my net pay?
A: Whenever your salary changes or at the start of each fiscal year to account for tax updates.