Income Tax Slabs & Calculator 2022-23

Calculate income tax on your salary for tax year 2023 (1 July 2022 – 30 June 2023), using the slabs set by the Finance Act 2022.

This is a past tax year. For the current year, use the 2026-27 calculator.

Salary period

Your gross taxable salary before tax. Results appear as you type.

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01 Tax slabs

Income tax slabs 2022-23 for salaried individuals

Salaried individuals paid no income tax on annual taxable salary up to Rs 600,000 in 2022-23. Above that, tax rose in 6 slabs to a top rate of 35% on income above Rs 12,000,000.

Annual salary in lakh (L) or crore (Cr). Enter your salary to see your slab in gold.

Annual taxable salary and taxFinance Act 2022
Annual taxable salaryTax
Up to Rs 600,0000%
Rs 600,001 – 1,200,0002.5% of the amount above Rs 600,000
Rs 1,200,001 – 2,400,000Rs 15,000 + 12.5% of the amount above Rs 1,200,000
Rs 2,400,001 – 3,600,000Rs 165,000 + 20% of the amount above Rs 2,400,000
Rs 3,600,001 – 6,000,000Rs 405,000 + 25% of the amount above Rs 3,600,000
Rs 6,000,001 – 12,000,000Rs 1,005,000 + 32.5% of the amount above Rs 6,000,000
Above Rs 12,000,000Rs 2,955,000 + 35% of the amount above Rs 12,000,000

These slabs are from the First Schedule of the Income Tax Ordinance 2001 as it applied to tax year 2023. Your slab is highlighted once you enter your salary.

02 Changes

What changed in 2022-23

The salary tax table was simplified in 2022-23 from twelve slabs to seven. Tax fell for monthly salaries up to about Rs 200,000 but rose for higher salaries, because the 35% top rate now started at Rs 12,000,000 instead of Rs 75,000,000.

Number of slabs

127

Rs 600,001 – 1,200,000

5%2.5%

Rs 1,200,001 – 2,400,000

10% to 15%12.5%

Where the 35% top rate starts

Rs 75,000,000Rs 12,000,000

Tax-free limit

Rs 600,000 (no change)

Surcharge on tax

None (no change)

03 Quick answers

Monthly salary tax table 2022-23

Monthly salaries up to Rs 50,000 were tax-free in 2022-23. The table shows tax and take-home pay for common salaries, and how much more or less tax each paid than in 2021-22.

For any other amount, use the calculator above.

Monthly salaryMonthly taxTake-home payEffective rate Change vs 2021-22
Rs 50,000 Rs 0Rs 50,0000% —
Rs 75,000 Rs 625Rs 74,3750.8% −Rs 625
Rs 100,0001 lakh Rs 1,250Rs 98,7501.3% −Rs 1,250
Rs 150,0001.5 lakh Rs 7,500Rs 142,5005% —
Rs 200,0002 lakh Rs 13,750Rs 186,2506.9% −Rs 1,250
Rs 300,0003 lakh Rs 33,750Rs 266,25011.3% +Rs 1,250
Rs 500,0005 lakh Rs 83,750Rs 416,25016.8% +Rs 9,167
Rs 1,000,00010 lakh Rs 246,250Rs 753,75024.6% +Rs 50,833

04 At a glance

Key facts for tax year 2023 (2022-23)

Tax-free limit

Rs 600,000

a year (Rs 50,000 a month)

Top rate

35%

above Rs 12,000,000 a year

Salaried surcharge

None

in 2022-23

Tax year dates

1 July 2022

to 30 June 2023

Rates set by

Finance Act 2022

7 slabs, Rs 600,000 tax-free

05 Example

Worked example: Rs 150,000 salary in 2022-23

A monthly salary of Rs 150,000 is Rs 1,800,000 a year, which fell in the 12.5% slab in 2022-23.

Try it with your salary

Tax on Rs 150,000 a month · 2022-23

Annual salary
Rs 1,800,000
Amount above Rs 1,200,000
Rs 600,000
12.5% of Rs 600,000
Rs 75,000
Add the fixed amount
+ Rs 15,000
Tax a year
Rs 90,000
Monthly tax (÷ 12)
Rs 7,500
Monthly take-home pay
Rs 142,500

06 Answers

Questions about 2022-23

Quick answers about salary tax in 2022-23. For your exact figure, use the calculator.

Calculate 2022-23 tax

What was the tax-free salary limit in 2022-23?

Annual taxable salary up to Rs 600,000 was tax-free in 2022-23. That is Rs 50,000 a month. Tax applied only to the part of your salary above Rs 600,000.

How much tax was deducted from a Rs 100,000 salary in 2022-23?

On a monthly salary of Rs 100,000, the income tax was Rs 1,250 a month (Rs 15,000 a year) in 2022-23, leaving take-home pay of Rs 98,750. This assumes the whole salary was taxable.

Was there a surcharge on salaries in 2022-23?

No. There was no surcharge on salaried income in 2022-23.

Can I still file an income tax return for 2022-23?

Yes. You can file a return for a past tax year on FBR's IRIS portal. A penalty may apply for filing late, so it is best to file as soon as you can.

Sources and last update

  • Finance Act 2022; Income Tax Ordinance 2001, First Schedule (table in force for tax year 2023)
  • Income Tax Ordinance 2001, First Schedule, Part I, Division I
  • Federal Board of Revenue (FBR)

Last reviewed: 7 November 2026. How we calculate

Results are estimates, not tax advice. For your exact tax, check your salary certificate or ask a tax professional.