Calculator for Employee Tax Computation for 2018-2019

Instructions: Please note that this sheet will assist you to calculate your tax liability, tax credits and allowable deductions based on the information provided by you. The tax liability, tax credits and allowable deduction may change
due to change in your earnings. Please enter values in yellow highlighted cells only.
For any assistance, you may contact Payroll Section (Imran Thawar: Ext 8113, Zohaib Kadiwal: Ext 8105 or write to them on payroll@aku.edu)

Name Employee #
Date of Birth Full Time Teacher / Researcher (Yes, No) No
Last Year Taxable Income Paymonth Nov-18

Earning ID (Annual Income as per Employee Tax Computation Statement) From

Basic salary ###
Allowances ###
Other allowances ###
Extgratia ###
Leave encashment ###
Value of auto (if applicable) ###
Employer Provident Fund contribution above Rs. 150,000 ###
Overtime ###
Others
Others
Others
Applicable Salary for Income Tax -

Tax Savings From Allowable D

Form Ref. Maximum
Details Paid Allowable Tax Credit
S# Eligible
Gross t
Allowable deduction Full Tim
1 Zakat at Source - - -
2 Straight Line Donations - - -
3 Profit on Debt on House Loans (Purchase/Construction) - - -
Total - - - -

Tax Credits
4 Charitable donation (See Sec-61) - - -
5 Investment in Shares or Sukuks and / or Life Insurance Premium (Sec-62) - - -
6 Investment in Health Insurance Premium (Sec-62a) - - -
7 Contribution to Approved Pension Fund (See Sec-63) - - -
Total - - - -
Age Cu
Taxable Income Age
Gross Applicable Salary for Income Tax -
LeAllowable Deductions -
Net Applicable Salary for Income Tax -

Computation of Tax
Gross tax for the year -
Less:Full Time Teacher / Researcher -
Tax Paid upto previous month (Input from your current ETCS)
Tax Deducted in this month (Input from your current ETCS)
8-13 Advance Income Tax
Tax Credits -
Tax Payable / (Refundable) upto June 2019 -
Tax Saved due to Allowable deduction and Tax Credits -
Please note that Refunds can be claimed through FBR only by submitting your Annual Tax Return
Per Month Tax (Fill Paymonth Field) -