Salary Tax and Zakat Calculator
Estimate your annual salary tax using editable tax slabs and calculate Zakat at 2.5% on your net liquid assets minus short-term liabilities.
Annual Salary
Tax Slabs (Editable)
FY 2026-27, Finance Act 2026 / FBR. Rates may be amended; confirm with FBR.
Total Tax
$72.0K
Effective Rate
4.00%
Of annual income
Net Income
$1.73M
After tax
The Salary Tax and Zakat Calculator combines two tools in one. The salary tax section estimates your annual income tax using editable tax slabs, currently set to Pakistan's FY 2026-27 salaried individual rates. The Zakat section calculates 2.5% Zakat on your net liquid assets after subtracting short-term liabilities, with a nisab threshold check using live gold or silver prices.
How This Calculator Works
For salary tax: enter your annual salary and the calculator applies each slab rate to the portion of income that falls within it. For example, at PKR 1,800,000 annual income under the FY 2026-27 slabs: the first PKR 600,000 is tax-free, the next PKR 600,000 is taxed at 1% (PKR 6,000), and the remaining PKR 600,000 is taxed at 11% (PKR 66,000), for a total tax of PKR 72,000. For Zakat: if your net liquid assets (assets minus liabilities) exceed the nisab threshold, 2.5% is due. With $500,000 in net liquid assets and $100,000 in liabilities, the zakatable amount is $400,000 and Zakat due is $10,000.
Why Use This Calculator
- •Edit tax slabs to match any country or tax year, not just the defaults
- •Calculate Zakat with a live nisab threshold based on current gold or silver prices
- •See both your tax liability and Zakat obligation in one tool
- •Switch between gold-based and silver-based nisab to follow your school of thought
Frequently Asked Questions
What are the Pakistan salary tax slabs for FY 2026-27?
Pakistan FY 2026-27 salaried slabs (Finance Act 2026 / FBR): 0% up to PKR 600,000, 1% from 600,001 to 1,200,000, 11% from 1,200,001 to 2,200,000, 20% from 2,200,001 to 3,200,000, 25% from 3,200,001 to 4,100,000, 29% from 4,100,001 to 5,600,000, 32% from 5,600,001 to 7,000,000, and 35% above 7,000,000. Rates may be amended; confirm with FBR.
How is Zakat calculated on net liquid assets?
Zakat is 2.5% of your net liquid assets (cash, savings, investments, and gold/silver) minus short-term liabilities, provided the net amount exceeds the nisab threshold. Nisab is the value of 87.48 grams of gold or 612.36 grams of silver. If your net assets are below nisab, no Zakat is due.
Should I use gold or silver nisab for Zakat?
Many scholars recommend using silver nisab (612.36 grams) because it results in a lower threshold, meaning more people qualify to pay Zakat. Others use gold nisab (87.48 grams). This calculator defaults to silver nisab but lets you switch. Consult a qualified scholar for your specific situation.
What counts as liquid assets for Zakat?
Cash in hand and bank accounts, savings, investments (stocks, mutual funds, bonds), gold and silver holdings, and money owed to you that is expected to be recovered. Subtract short-term debts and obligations due within the year.
Last updated: 2026-10-02
Source: Pakistan slabs: Finance Act 2026 / FBR, FY 2026-27. Zakat: 2.5% on net liquid assets exceeding nisab (87.48g gold or 612.36g silver). Rates may be amended; confirm with FBR and a qualified scholar.
Disclaimer: For information only. Not financial, tax or legal advice.
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