Question
Mr. Ahmed is full time teacher in government school. Per month salary breakup is as follows: Basic salary PKR200,000/ Utilities PKR20,000/ Medical allowance PKR40,000/ He
Mr. Ahmed is full time teacher in government school. Per month salary breakup is as follows: Basic salary PKR200,000/ Utilities PKR20,000/ Medical allowance PKR40,000/ He earns PKR1,500,000/ per year from his consultancies. He won prize bond of worth PKR100,000/ during the year. He has paid donation of PKR10,000/ through the banking channel to the hospital being run and controlled by government Zakat deducted from the bank is PKR7,000/ Official vehicle is provided for personal use. Cost of vehicle is PKR750,000/
He has paid health insurance premium of PKR 18,000/ during the month Tax deducted by the employer is PKR53,000/ Compute income tax liability of Mr. Ahmed
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