Salary / Take-Home Pay Calculator

What is a Salary / Take-Home Pay?

Your gross salary is the total amount your employer agrees to pay you. Your net salary — or take-home pay — is what actually lands in your bank account after all deductions. The gap between the two is often significant and surprises many employees. Common deductions include income tax (withheld at source), Employee Old-Age Benefits Institution (EOBI) contributions, provident fund contributions, and health insurance premiums. Understanding your take-home pay is essential for accurate budgeting and financial planning.

How to Use This Calculator

Enter your gross monthly salary — the figure stated in your employment contract. Enter the income tax rate applicable to your annual salary bracket. Enter any other fixed monthly deductions such as EOBI (currently PKR 370/month for most employees), provident fund contributions, or health insurance premiums. Click Calculate to see your exact net monthly salary, annual take-home, and a full breakdown of every deduction.

💡 Pro Tips

• ✓Always negotiate salary on a gross basis but plan your budget on net take-home pay.
• ✓EOBI employee contribution is currently PKR 370/month — a small deduction with significant long-term pension benefits.
• ✓Provident fund contributions are your money — you get them back when you leave the company, often with employer matching.
• ✓If you receive bonuses or commissions, calculate their tax separately — they may push you into a higher tax bracket.
• ✓Request a salary slip from your employer every month — it is your legal right and documents your actual deductions.

Who Uses This Calculator?

Job seekers evaluate whether a job offer meets their financial needs after deductions. Employees verify their payslip is correct. HR professionals design compensation packages within budget. Employers calculate total cost-to-company for a given net salary. Loan applicants calculate their debt-to-income ratio using net salary figures.

Frequently Asked Questions