Finance

Tax Saving Calculator

Discover how much income tax you can save in Pakistan by using legal deductions and exemptions. Enter your annual income, select applicable deductions, and instantly compare your tax liability before and after savings.

Pakistan's Income Tax Ordinance allows salaried and non-salaried individuals to claim deductions on voluntary pension contributions, insurance premiums, Zakat, charitable donations, education expenses, and home loan interest. These deductions reduce your taxable income, lowering your overall tax bill.

Use this calculator to plan your tax-saving strategy and maximise your take-home income within the bounds of the law.

Calculate your base tax first

Annual Income (PKR)

Fiscal Year

Tax Deductions

Select applicable deductions and enter amounts to see your potential tax savings.

Voluntary Pension FundMax 20% of taxable income

Health / Life InsuranceFull amount deductible

Zakat PaidFull amount deductible

Donations to Approved CharitiesMax 30% of taxable income

Education ExpensesFull amount deductible

Profit on Debt (Home Loan Interest)Max PKR 2,000,000 per year

Frequently Asked Questions

What tax deductions are allowed in Pakistan?

How much can I save through Voluntary Pension Fund?

Are charitable donations tax-deductible in Pakistan?

Can I claim home loan interest as a deduction?

What documents are needed to claim tax deductions?