# Salary Take-Home Calculator

Source: Searchable (https://searchable.pk/tools/finance/salary-breakdown-calculator)
Type: Calculator
Rates reviewed: 15 Sept 2026
Retrieved: 15 Sept 2026

See exactly what lands in your account: gross salary minus income tax, EOBI and provident fund, with an annual view.

Version 1.0.0. Inputs: Gross monthly salary, Provident fund contribution, Basic salary as share of gross, EOBI deducted, Annual bonus (months of salary).

## Worked example (default inputs)

- Gross monthly salary: 150000 PKR
- Provident fund contribution: 0 %
- Basic salary as share of gross: 60 %
- EOBI deducted: true
- Annual bonus (months of salary): 0

**Monthly take-home: Rs 143,630**

Of your Rs 150,000 gross, Rs 6,370 (4.2%) goes to tax and deductions. Your provident fund still belongs to you, it is savings, not a cost.

### Monthly deductions

- Income tax (annualised, incl. bonus): − Rs 6,000
- Provident fund (0% of basic Rs 90,000): − Rs 0
- EOBI: − Rs 370
- Net salary: Rs 143,630

### Annual

- Gross (incl. bonus): Rs 1,800,000
- Income tax: Rs 72,000
- Effective tax rate: 4%
- Provident fund saved: Rs 0
- Net cash received: Rs 1,723,560

## How it is calculated

Take-home = gross − income tax − provident fund − EOBI.

**Income tax** is computed on annualised salary (gross × 12 + bonus) using the salaried slabs, then divided by 12, the same method employers use for monthly withholding under section 149.

**Provident fund** is the employee's own contribution, typically a percentage of *basic* salary (not gross). The employer usually matches it; that match is not shown because it never passes through your salary.

**EOBI** employee contribution is 1% of the federal minimum wage regardless of your salary.

## Frequently asked questions

**Is provident fund taxable?**

Contributions to a recognised provident fund are exempt within limits, and withdrawals after the qualifying period are exempt. This calculator treats it as a deduction from cash, not as taxable income.

**Why is my bonus month different?**

Employers tax the bonus when it is paid. The calculator spreads it evenly to show a realistic average month.

**What about medical or conveyance allowance?**

Some allowances have partial exemptions. Enter your taxable gross for the most accurate figure.

## Sources

- Finance Act 2026: First Schedule, Part I, Division I (salaried slabs revised; s.4AB surcharge withdrawn for salaried) (Federal Board of Revenue): https://fbr.gov.pk/
- EOBI contribution rates; Federal minimum wage notification (EOBI / Ministry of Finance)

How to cite: "Salary Take-Home Calculator", Searchable, rates reviewed 15 Sept 2026, https://searchable.pk/tools/finance/salary-breakdown-calculator