Frequently Asked Questions

The tax is calculated based on the latest FBR tax slabs for salaried individuals (2024-25). The tool first determines your annual taxable income by multiplying your monthly salary by 12, then applies the appropriate tax rates based on your income bracket.

The tax-free component is 10% of your gross salary that is exempt from tax calculations. This portion is automatically calculated and deducted from your taxable income before computing the tax.

Fuel allowance is calculated by multiplying the current fuel price per liter with your allowed monthly fuel quantity. The tool automatically updates the total as you input these values.

Your salary and allowance data is stored locally in your browser using localStorage. The data never leaves your device and is automatically loaded when you revisit the calculator.

You can click the "Reset All" button at the top of the calculator to clear all saved data and start fresh. This will reset both your salary and allowance calculations.

No, the allowances (fuel, medical, internet, and gym) are not included in the tax calculations. They are tracked separately as reimbursements and are added to your final take-home amount.

The tax slabs are updated according to the FBR guidelines for each fiscal year. The current calculations are based on the 2024-25 tax year slabs.

While the tax calculations are based on standard FBR rates, the allowance structure is specifically designed for NorthBay Solutions Pakistan employees. Other organizations may have different allowance policies.

Fuel prices can change frequently. The tool allows you to update the current fuel price to ensure accurate calculation of your fuel allowance based on the latest rates.

The grand total combines your take-home salary (after tax deductions) with all your allowances (fuel, medical, internet, and gym). This gives you the complete picture of your monthly compensation.

The Provident Fund is calculated as 5% of your gross monthly salary. This amount is deducted from your salary each month and is matched by an equal contribution from the company. The PF deduction is made before calculating your take-home salary.