1. Pay period details
2. Worker details
3. Company registration number
4. Pay table breakdown
5. Deduction table breakdown
Original detail | Translation | Other notes |
Income tax deductions |
| In Pakistan, the Personal Income Tax Rate stands at 35%. This rate is applied progressively based on an individual’s income. Here’s a breakdown of the tax slabs for the year 2023-2024:
Taxable Income Slabs and Rates: Up to ₨300,000: 7% Next ₨300,000: 11% Next ₨500,000: 15% Next ₨500,000: 19% Next ₨1,600,000: 21% Above ₨3,200,000: 24%
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6. Net pay due to worker
Net Salary