Mr$.$ Imran Ahsan is working full time for a Research Institute since many years. He gets monthly salary

of Rs$.150,000/-.$ He is provided a company car for both personal & official purposes that had cost the

company Rs$.950,000/-$ when new. He is provided a Rent$-$free apartment. Company pays him Rs$.17,000/-$

as monthly medical allowance.

He is required to contribute on monthly basis in a Provident Fund @ $12\%$ of his basic salary and thecompany

contributes equivalent amount. His employer has paid Rs$.80,000/-$ during the tax year against the utilities

of his residence and made a deduction of Rs$.5,000/-$ per month from his Monthly salary.

Imran have resigned from this job and $31$ May $2024$ was his last day with this company. He received his

final settlement on $18$ June $2024$ and along with May $2024$ Salary and allowances he received an accumulated

balance of his Provident Fund of Rs$.1,890,500/-$ and interest on this accumulated fund Rs$.452,850/-.$ He

did not work anywhere till $30-$June$-2024.$

Required:

Calculate the ANNUAL TAXABLE SALARY for the TAX YEAR $2024.$