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Tax Calculator

Avail Smart Tax Savings with Faysal Funds

Faysal Funds offer considerable tax savings for individual salaried / non-salaried clients. You can use this calculator to find out how much tax savings you can get when investing in Voluntary Pension Scheme of Faysal Funds.

Invest in Faysal Funds – Voluntary Pension Scheme and claim your Tax Credit amount by simply following the given procedure:

As a Salaried individual, you can inform your HR or Finance Department about your investments by submitting the account statement to adjust your tax credit amount from the monthly income tax deductions.

As a Self-employed individual, you can adjust your tax payable by showing investment in your wealth statement at the time of Income tax return filing.

  • To avail tax credit, a minimum investment holding period of 2 years from the date of investment is required.
  • As per Section 63 of Income Tax Ordinance, 2001, an eligible person shall be allowed tax rebate on premium/contribution, maximum up to 20% of taxable income at average rate of tax.
  • Investors are advised to seek independent professional advise in tax matters. Capital gains tax and withholding tax on dividend and bonus units will be charged according to Income Tax Law, if applicable.