How we calculate

Every calculation happens in your browser using the rules below. Nothing you type is sent to us.

Salary tax

We apply the income tax slabs for salaried individuals from the First Schedule, Part I, Division I of the relevant Finance Act. Monthly salary × 12 gives annual taxable income. Tax is the slab's fixed amount plus the slab rate on income above the slab's start. In years with a surcharge, it is added on the tax once income passes the threshold.

Tax years currently included:

We assume a resident individual whose salary is more than 75% of taxable income. Exempt allowances, tax credits and adjustable withholding are not included.

Freelancer tax

Export proceeds from software, IT and IT-enabled services are taxed under Income Tax Ordinance 2001, section 154A and First Schedule, Part III, Division IVA, as amended by the Finance Act 2026: 0.25% of the amount received if you are registered with the Pakistan Software Export Board, 1% otherwise. It is a final tax on the full amount, with no slabs or expense deductions, and applies when the money comes into Pakistan through a bank and you file your return. Income from Pakistani clients is not covered.

Zakat

Gold and silver are valued at the day's rate; gold of a lower karat counts at karat ÷ 24 of the 24K rate. We add cash, bank balances, business stock and money owed to you, then subtract debts due within the year. If the result is at or above nisab (52.5 tola of silver, or 7.5 tola of gold if you choose), zakat is 2.5% of it. 1 tola = 11.6638 g.

Loan installment

Monthly installment = P × r × (1 + r)n ÷ ((1 + r)n − 1), where P is the loan amount, r is the yearly rate ÷ 12 and n is the number of months. We assume the rate stays fixed for the whole tenure; KIBOR-linked loans reset, so real installments can change.

Savings and profit

Profit builds up each month on the balance at the yearly rate ÷ 12 and is added to the balance as often as you choose (monthly, quarterly, half-yearly or yearly). Tax is deducted each time profit is added: 20% for filers and 40% for non-filers in tax year 2027, from the FBR Withholding Income Tax Rate Card, updated for the Finance Act 2026: section 151, profit on a bank account or deposit. Monthly deposits go in at the end of each month. We assume the profit rate and tax rate stay fixed for the whole period.

Gold and silver rates

Every day we take the international gold and silver price in US dollars per troy ounce and convert it to rupees at that day's USD/PKR rate. One troy ounce is 31.1035 g and one tola is 11.6638 g, so the price per tola is the ounce price × 0.3750. 22K, 21K and 18K are worked out as 22/24, 21/24 and 18/24 of the 24K rate. Source: gold-api.com · Rates By Exchange Rate API

Jewellers quote the local sarafa rate, which can sit above or below the international price, varies by city and time of day, and does not include making charges.

The one-year charts use the daily rates we have saved since November 2026, and before that daily figures from the open fawazahmed0/currency-api archive, converted the same way.

Dollar and other currency rates

Exchange rates are the daily market mid-rate against the rupee, fetched every morning with the gold price. Banks and money changers buy and sell a little either side of this rate, and the open market rate can differ.

Property tax

Buyers pay advance tax under section 236K on the fair market value: 1.25% for filers and 10.5%, 14.5%, 18.5% for non-filers depending on value. Sellers pay advance tax under section 236C on the price received: 2.75% for filers and 11.5% for non-filers. Capital gains tax is the gain (sale price minus purchase price) times the rate for when the property was bought, its type and how long it was held. Advance tax is counted against the capital gains tax. Rates are from the Income Tax Ordinance 2001 as amended by the Finance Act 2026: sections 236C and 236K with Divisions X and XVIII of Part IV of the First Schedule, rule 1 of the Tenth Schedule, and section 37(1A) with Division VIII of Part I of the First Schedule. Provincial stamp duty, capital value tax and transfer fees are not included.