What is the Annual Tax Calculator?

The Annual Tax Calculator is a financial tool that helps individuals estimate their yearly tax liability based on their total annual income. By entering the annual income, the calculator computes the estimated tax according to current tax brackets and shows the income remaining after tax. This allows users to plan finances, understand tax obligations, and make informed budgeting decisions.

How to Use:

1. Enter Annual Income (PKR): Input your total income for the year in Pakistani Rupees.
2. Click “Calculate”: The tool calculates the estimated tax based on applicable tax brackets.
3. Review Result: The output shows your annual income, the estimated tax amount, and your income after tax, helping you understand your financial position and plan accordingly.