WHT Calculator simplifies the process of calculating withholding tax obligations in Pakistan. Here is how it works:
Begin by entering your income details such as salary, contract payments, service fees, or other income streams into the calculator.
Refine your search by selecting the appropriate tax year and sections from the Income Tax Ordinance 2001 that pertain to your income type. Further details will be requested by the calculator to ensure accuracy. Using this data and relevant provisions, the calculator will execute the necessary computations.
The WHT Calculator will provide you with accurate withholding tax calculations based on the entered income details and selected tax sections and codes for efiling.
Review the calculated withholding tax amount and ensure it aligns with your expectations. Confirm the calculations before proceeding with any tax deductions.
We are currently developing the reports section, which will soon be available for download. This will allow you to easily keep a record of your calculations for future reference.
Start using WHT Calculator today to streamline your withholding tax calculations and ensure compliance with tax regulations in Pakistan.