Income Tax Calculator
Tax Year 2024–25 · Business Individuals & AOPs
Start using this user friendly income tax calculator and make right decision to file tax returns.
Income → Tax
Enter your taxable income to compute tax
Tax → Income
Know the tax paid? Estimate the income
Tax Slabs — 2024–25
Progressive income tax rates for Business Individuals & AOPs
| Slab | Income Range | Tax Formula | Rate |
|---|---|---|---|
| 1 | Up to Rs. 600,000 | Nil | 0% |
| 2 | Rs. 600,001 – Rs. 1,200,000 | 15% of amount exceeding Rs. 600,000 | 15% |
| 3 | Rs. 1,200,001 – Rs. 1,600,000 | Rs. 90,000 + 20% of amount exceeding Rs. 1,200,000 | 20% |
| 4 | Rs. 1,600,001 – Rs. 3,200,000 | Rs. 170,000 + 30% of amount exceeding Rs. 1,600,000 | 30% |
| 5 | Rs. 3,200,001 – Rs. 5,600,000 | Rs. 650,000 + 40% of amount exceeding Rs. 3,200,000 | 40% |
| 6 | Above Rs. 5,600,000 | Rs. 1,610,000 + 45% of amount exceeding Rs. 5,600,000 | 45% |
About This Calculator
Understanding how this tool works
This calculator is designed for Business Individuals and Associations of Persons (AOPs) to estimate their tax liability under the Income Tax Ordinance, 2001 for Tax Year 2024–25. Pakistan's tax system is progressive — higher income brackets attract higher marginal rates. By entering your taxable income, the calculator instantly applies the relevant slab to compute payable tax with no manual effort.
The reverse calculator works in the opposite direction: if you know the tax amount deducted or paid, it estimates the corresponding taxable income. This is particularly useful for verifying whether the correct tax has been withheld by your employer or paid in advance.
This tool provides quick estimates for planning and compliance purposes. For complex scenarios — multiple income streams, exemptions, deductions, or business-specific adjustments — professional consultation is recommended.