Internally Displaced Persons Tax (IDPT)

[Sarfaraz.alam]

Dear LapTop,
Assalam o Alaikum,

I want to clear something that you provide a Tax Calculator for Salaried Person, and there is a IDPT which charge 5% on the tax <b>calculated with Marginal Relief</b> Method. Or 5% is payable on minimum tax, Just confirm....

Thanks

[LapTop]

“Provided further that Internally Displaced Persons Tax (IDPT), treated as income tax, on the tax payable on the taxable income of one million rupees or more, shall be levied at the rate of 5% of such tax, for
tax year 2009”
yahan IDP Tax jab lagy ga jab aap ki income 10 lakh say upper ho gi,,,,,, or 5% ho ga aap k Tax payable ka,,,, yani agar aap ka tax payable 110000/= hay to is par IDP Tax 5500/= ho ga,,,,,
Tax payable with marginal relief bhi ho sakta hay or without marginal relief bhi,,,,,,,

App nay meri jis mistake ko point out kya hay us k liye thanks.
App corrections kar layn calculator may, colum No. F37 par ye formula hay . =IF(F19>1000000,F28*5%,"0") is may F28 ki jaga F29 kar dayn, calculation theek ho jaye gi…..

Password hay ,,, sahrai

[Sarfaraz.alam]

Thankyou,

Actually I don't want to raise your mistake just correct the mistake, by the way you share a very helpful calculator for tax users and specially for me for which I m very greatful to you.

Thankyou once again.