Brokerage Income (WHT) Calculator
Understanding Pakistan’s tax regulations, especially withholding taxes on brokerage can be complex. Whether you are an advertising agent, life insurance agent, or fall into other categories, knowing the exact tax rate as a filer or non-filer is essential. Our user-friendly tax calculator helps taxpayers determine their exact tax rate quickly and easily.
Explore Our Popular Tax Calculators
We offer a range of free online tax calculators to help you navigate the Pakistani tax system. Browse our most popular calculators below, or use the navigation menu to find a specific calculator.
Salary Income Tax Calculator
Estimate your annual income tax liability as a salaried individual in Pakistan. Get a breakdown of your deductions and payable tax.
Business Income Tax Calculator
Calculate your business income tax based on the latest tax regulations. Plan your business finances effectively.
Withholding Tax Calculator
Calculate the withholding tax applicable to various transactions, including property sale & uurchase , other payments, and rent.
Important Notice
This calculator provides an estimate of brokerage income tax in accordance with the tax laws applicable in Pakistan from July 1, 2024, to June 30, 2025. It is designed for reference purposes only, and actual tax liabilities may vary based on additional financial factors and individual circumstances.
Tax Authorities
Tax Calculators
Sections Covered
Acts Covered
Using the Brokerage Income Tax Calculator is simple and straightforward. Follow these steps to compute the applicable withholding tax on brokerage or commission:
- Select the Category: Choose the appropriate category for your transaction from the dropdown, such as Advertising Agents, Life Insurance Agents, or Other Cases.
- Choose Filer Status: Select your status as either a Filer or Non-Filer. This will determine the applicable tax rate.
- Enter the Amount: Input the total commission or brokerage amount in PKR. Ensure the value is accurate and positive.
- Calculate Tax: Click the “Calculate Tax” button to view the calculated withholding tax based on the category and filer status.
01
Select Category
The tax rate depends on the category selected, such as Advertising Agents, Life Insurance Agents (up to PKR 5 million), or Other Cases.
02
Filer Status Selection
Your filer status determines the applicable tax rate, with Filers enjoying lower rates compared to Non-Filers.
03
Amount Entry
The entered amount is used to compute the tax, and valid entries above PKR 0 are required for accurate results.
04
Tax Calculations
If the amount exceeds PKR 5 million under Life Insurance Agents, the Other Cases tax rate applies, calculated as (Tax Rate / 100) * Amount.
References
Tax Laws Applicable
The applicable withholding tax rules are guided by the Income Tax Ordinance, 2001, which governs tax provisions in Pakistan.
Tax Rates Applicable
The withholding tax rates vary depending on the category and filer status; please refer to the FBR Tax Rates Page for accurate information.
Deductions Allowed
Certain deductions may or may not apply based on transaction type; consult Income Tax Guidelines for complete details.
Tax Calculations
A comprehensive explanation of brokerage income tax calculations can be found in this detailed article.