Survey by Qualaroo
+ Reply to Thread
Results 1 to 19 of 19
Like Tree11Likes
  • 1 Post By hungama007
  • 1 Post By pistonhead
  • 1 Post By arhum1994
  • 3 Post By aa78
  • 1 Post By SER_GTR
  • 2 Post By SER_GTR
  • 1 Post By sunnyshah56
  • 1 Post By capsat

Thread: Withholding Tax Issue

  1. #1
    PakWheeler Follow
    fahadmustafa1's Avatar
    Join Date
    Jun 2015
    Location
    Karachi
    Posts
    34
    Follows
    0
    Following
    0
    Mentioned
    1 Post(s)
    Tagged
    0 Thread(s)
    Problems Posted
    0
    Problems Solved
    0
    Best Answers
    0
    Good Answers
    0

    Default Withholding Tax Issue

    What I know is that WHT is a prepayment which is returned to us by the govt (FBR dept.), after we submit/file a return. If I am a non-filer how do I get my paid WHT back, what do I need to do.


  2. #2
    PakWheeler Follow
    hungama007's Avatar
    Join Date
    Oct 2013
    Location
    Islamabad
    Posts
    582
    Follows
    1
    Following
    10
    Mentioned
    8 Post(s)
    Tagged
    0 Thread(s)
    Problems Posted
    0
    Problems Solved
    0
    Best Answers
    0
    Good Answers
    1

    Default Withholding Tax Issue

    If you are a non filer you can't get it back.

    Solution become a filer


    Sent from my iPhone using PW Forums
    Always wear seat belts, better safe than sorry

  3. #3
    Senior PakWheeler Follow
    pistonhead's Avatar
    Join Date
    Dec 2009
    Location
    Islamabad
    Age
    86
    Posts
    1,445
    Follows
    1
    Following
    0
    Mentioned
    24 Post(s)
    Tagged
    1 Thread(s)
    Problems Posted
    0
    Problems Solved
    4
    Best Answers
    1
    Good Answers
    3

    Default

    You need to file a return. A return is basically supposed to detail your income. However, good luck on getting a refund from FBR. I know of very few people who actually got refunds.
    Quis custodiet ipsos custodes?

  4. #4
    PakWheeler Follow
    hungama007's Avatar
    Join Date
    Oct 2013
    Location
    Islamabad
    Posts
    582
    Follows
    1
    Following
    10
    Mentioned
    8 Post(s)
    Tagged
    0 Thread(s)
    Problems Posted
    0
    Problems Solved
    0
    Best Answers
    0
    Good Answers
    1

    Default

    Quote Originally Posted by pistonhead View Post
    You need to file a return. A return is basically supposed to detail your income. However, good luck on getting a refund from FBR. I know of very few people who actually got refunds.
    In other words become a filer


    Sent from my iPhone using PW Forums
    Always wear seat belts, better safe than sorry

  5. #5
    PakWheeler Follow
    arhum1994's Avatar
    Join Date
    Jun 2009
    Location
    Islamabad
    Age
    22
    Posts
    433
    Follows
    1
    Following
    1
    Mentioned
    16 Post(s)
    Tagged
    0 Thread(s)
    Problems Posted
    0
    Problems Solved
    0
    Best Answers
    0
    Good Answers
    0

    Default

    For taxpaying employees of private and government institutes, it is easy for them as they just get the withholding tax deducted from their income tax through accounts office.

  6. #6
    PakWheeler Follow
    fahadmustafa1's Avatar
    Join Date
    Jun 2015
    Location
    Karachi
    Posts
    34
    Follows
    0
    Following
    0
    Mentioned
    1 Post(s)
    Tagged
    0 Thread(s)
    Problems Posted
    0
    Problems Solved
    0
    Best Answers
    0
    Good Answers
    0

    Default

    Ok if I file a return, would that just be it? I mean wouldn't the FBR conduct inquiries and ask questions about where how did I got the money to buy the vehicle bla bla bla?

  7. #7
    PakWheeler Follow
    hungama007's Avatar
    Join Date
    Oct 2013
    Location
    Islamabad
    Posts
    582
    Follows
    1
    Following
    10
    Mentioned
    8 Post(s)
    Tagged
    0 Thread(s)
    Problems Posted
    0
    Problems Solved
    0
    Best Answers
    0
    Good Answers
    1

    Default

    If you purchase a car as a non filer they will as you some time later of the source of your income.



    Sent from my iPhone using PW Forums
    Always wear seat belts, better safe than sorry

  8. #8
    PakWheeler Follow
    sunnyshah56's Avatar
    Join Date
    May 2014
    Location
    Rawalpindi
    Age
    26
    Posts
    31
    Follows
    0
    Following
    0
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Problems Posted
    0
    Problems Solved
    0
    Best Answers
    0
    Good Answers
    0

    Default

    Quote Originally Posted by fahadmustafa1 View Post
    Ok if I file a return, would that just be it? I mean wouldn't the FBR conduct inquiries and ask questions about where how did I got the money to buy the vehicle bla bla bla?
    Becoming a filer or not is a catch 22 situation. If you are from working class and you are having a clean income there is nothing wrong in filling returns and you will get the benefits. But once you get ntn no you have to file them every year and its a balance sheet of all your income expenditures assets and tax payments. So if you are having any kind of black money the fbr can easily identify it because you won't have the source of that money and you might get in trouble. On other hand not becoming filing your returns is also a trouble because this gov is making such policies that will benefit the person who files returns and in some cases a non filer will pay as much as three times the amount of tax what a filer pays. B.t.W for me filing your returns is a more responsible thing to do. Thats your duty towards the country

  9. #9
    PakWheeler Follow
    aa78's Avatar
    Join Date
    Dec 2011
    Posts
    699
    Follows
    0
    Following
    0
    Mentioned
    10 Post(s)
    Tagged
    0 Thread(s)
    Problems Posted
    0
    Problems Solved
    0
    Best Answers
    0
    Good Answers
    0

    Default

    One should pay taxes and file returns as one's duty to country.

    However, having said that, please disabuse yourself of the notion that there is huge benefit in becoming a filer. The difference in WHT between filer and non-filer are relatively new strategy to get people to file returns and get trapped. Also, the regressive taxation means that a tax filer who gives income tax pays double the tax; in the form of income tax plus the normal taxes on items which all non-filers pay too (e.g. GST, etc). Also, you get to pay tax on tax which is stupid and FBR stays silent regarding it. IIRC, there are court decisions against it but no body gives a **** about what the judiciary says anyway.

    FBR will not reimburse you for any extra taxes paid and your only option is to get them adjusted against other taxes. They create hurdles, harass taxpayers and create fake cases, etc to pressurize taxpayers to bribe them to get rid of hurdles and harassment. There is no perk like social security (pre or post retirement) or free medical facilities for the taxpayer any more than a person who doesn't pay taxes on income.

  10. #10
    Senior PakWheeler Follow
    dms664's Avatar
    Join Date
    Dec 2007
    Location
    Select City
    Age
    33
    Posts
    7,013
    Follows
    1
    Following
    1
    Mentioned
    90 Post(s)
    Tagged
    8 Thread(s)
    Problems Posted
    0
    Problems Solved
    0
    Best Answers
    0
    Good Answers
    0

    Default

    Quote Originally Posted by arhum1994 View Post
    For taxpaying employees of private and government institutes, it is easy for them as they just get the withholding tax deducted from their income tax through accounts office.
    Without filing a return?

    Sent from my CHM-U01 using Tapatalk
    My dear ALLAH when I loose hope, help me to remember that Your love is greater than my disappointment and Your plans for my life are better than my Dreams.

  11. #11
    Senior PakWheeler Follow
    SER_GTR's Avatar
    Join Date
    Nov 2005
    Location
    Karachi
    Age
    30
    Posts
    9,737
    Follows
    16
    Following
    0
    Mentioned
    489 Post(s)
    Tagged
    19 Thread(s)
    Problems Posted
    0
    Problems Solved
    0
    Best Answers
    0
    Good Answers
    3

    Default

    It Will Only Get Adjusted....Return..Forget It...!

    There Is no NTN Now Anyways...Your NIC Is Your Registration No(NTN) And FBR Makes It Easy To Just Get Registered Online Within Few Mins

    If You Register...You Can Only Get That TAX ADJUSTED If You Have To Pay Any I.TAX After Filing A Return...!
    TOYOTA Sprinter 86- AE80 DOHC 20v'D TOYOTA Corolla 98- AE101 4AFE 16v

  12. #12
    Senior PakWheeler Follow
    SER_GTR's Avatar
    Join Date
    Nov 2005
    Location
    Karachi
    Age
    30
    Posts
    9,737
    Follows
    16
    Following
    0
    Mentioned
    489 Post(s)
    Tagged
    19 Thread(s)
    Problems Posted
    0
    Problems Solved
    0
    Best Answers
    0
    Good Answers
    3

    Default

    People Of Pakistan Shld Come Forward And File Return In Order To Make System More Better And STRONG..As Sooner..Your TAX Will Be Consumed On Building PAKISTAN Not Just Get Wasted On VIP's...

    State Of PAK Decided To Clean The MESS & Accountability Is On WAY....So 8 Lac TaxPayers Are Still Holding HARD And Paying TAXES... Anyone Who Comes Under Tax Payer Circle Shld Voluntarily DO That....!

    That's What I Think As A PAKISTANI & As A Very Old Taxpayer Paying Heavy TAX Yearly !
    TOYOTA Sprinter 86- AE80 DOHC 20v'D TOYOTA Corolla 98- AE101 4AFE 16v

  13. #13
    Senior PakWheeler Follow
    capsat's Avatar
    Join Date
    Apr 2006
    Location
    Select City
    Age
    10
    Posts
    12,597
    Follows
    31
    Following
    6
    Mentioned
    1018 Post(s)
    Tagged
    19 Thread(s)
    Problems Posted
    2
    Problems Solved
    5
    Best Answers
    3
    Good Answers
    6

    Lightbulb

    economy shall be documented.

    living in a 5 Canal 100 million worth property, paying 70,000 a month as utility bills, driving a 2 million worth vehicle while 5 other 35 million worth cars parked in the house, 3 school going kids with quarterly fee of approx 95000 each.

    tax paid: 40,000 per annum .. ! ... what a joke !
    -

    am sure some federal / provincial govt employee in uniform reading this thread can confirm about the circular floated twice between August 17 & Sept 10 for filing tax returns & to contact respective regional accountant general's office.

    salaried individuals & private industries / importers are the highest tax payers in terms of withholding & at source deductions.

    am in support of taxes and its usage for country development target as basic health, drinking water & education core issues to be addressed with tax payer's money on war footings
    - www.crackwheels.com - A skilled Dictator is much more beneficial to Country......than a Democracy of Ignorant people

  14. #14
    PakWheeler Follow
    arhum1994's Avatar
    Join Date
    Jun 2009
    Location
    Islamabad
    Age
    22
    Posts
    433
    Follows
    1
    Following
    1
    Mentioned
    16 Post(s)
    Tagged
    0 Thread(s)
    Problems Posted
    0
    Problems Solved
    0
    Best Answers
    0
    Good Answers
    0

    Default

    Quote Originally Posted by dms664 View Post
    Without filing a return?

    Sent from my CHM-U01 using Tapatalk
    Regardless of filing your return, if you are not a business person, income tax will be deducted from the paycheck you get from your employer. You can get your withholding tax readjusted in your income tax.


    I think the withholding tax is a very good step. As most business men dont show all their income and in turn dont pay the taxes they are entitled too, withholding tax is now forcing these people to pay the taxes on every transaction they do.

  15. #15
    PakWheeler Follow
    Yellow_Eyed_Demon's Avatar
    Join Date
    Oct 2010
    Location
    Islamabad
    Posts
    51
    Follows
    0
    Following
    0
    Mentioned
    1 Post(s)
    Tagged
    0 Thread(s)
    Problems Posted
    1
    Problems Solved
    0
    Best Answers
    0
    Good Answers
    0

    Default

    If you are an employee of private/govt organization, all you gotta do is fill in a tax exemption form, attach evidence of payment of advance income tax. From now they will adjust the tax in your salary i.e they will not cut tax from your monthly salary as you have provided a proof of payment of it in form of advance tax paid during vehicle purchase
    Speeding does not kill anybody, it's suddenly becoming stationary that does so

  16. #16
    Senior PakWheeler Follow
    capsat's Avatar
    Join Date
    Apr 2006
    Location
    Select City
    Age
    10
    Posts
    12,597
    Follows
    31
    Following
    6
    Mentioned
    1018 Post(s)
    Tagged
    19 Thread(s)
    Problems Posted
    2
    Problems Solved
    5
    Best Answers
    3
    Good Answers
    6

    Default

    no body is exempted from tax regime since July 01 2015. employer filing tax on behalf of employee will give him an statement of tax tax deposited. employee is bound to e-file an income tax return


    attached is image for how to do it. It is a simple easy, make sure you have your banking information at hand after you receive an ID & password from FBR.

    email & phone sms passwords are different, make sure you use valid working email ID and a Cell number registered bio-metrically to your cnic

    an income tax lawyer may charge you between 12 to 20000 per year for your tax management.


    at point 2 in image below name of father is required - the system has glitch based on international middle name field in the software

    Withholding Tax Issue -1617134
    - www.crackwheels.com - A skilled Dictator is much more beneficial to Country......than a Democracy of Ignorant people

  17. #17
    PakWheeler Follow
    sunnyshah56's Avatar
    Join Date
    May 2014
    Location
    Rawalpindi
    Age
    26
    Posts
    31
    Follows
    0
    Following
    0
    Mentioned
    0 Post(s)
    Tagged
    0 Thread(s)
    Problems Posted
    0
    Problems Solved
    0
    Best Answers
    0
    Good Answers
    0

    Default

    Quote Originally Posted by capsat View Post
    no body is exempted from tax regime since July 01 2015. employer filing tax on behalf of employee will give him an statement of tax tax deposited. employee is bound to e-file an income tax return


    attached is image for how to do it. It is a simple easy, make sure you have your banking information at hand after your received an ID & password from FBR.

    an income tax lawyer may charge you between 12 to 20000 per year for your tax management.


    at point 2 in image below name of father is required - the system has glitch based on international middle name field in the software

    Withholding Tax Issue -1617134
    Bro lawyers are there to fill the loopholes in your returns. Trust me i'm a Lawyer

  18. #18
    Senior PakWheeler Follow
    capsat's Avatar
    Join Date
    Apr 2006
    Location
    Select City
    Age
    10
    Posts
    12,597
    Follows
    31
    Following
    6
    Mentioned
    1018 Post(s)
    Tagged
    19 Thread(s)
    Problems Posted
    2
    Problems Solved
    5
    Best Answers
    3
    Good Answers
    6

    Default

    Quote Originally Posted by sunnyshah56 View Post
    Bro lawyers are there to fill the loopholes in your returns. Trust me i'm a Lawyer
    ji sir - me 2 for my family only
    - www.crackwheels.com - A skilled Dictator is much more beneficial to Country......than a Democracy of Ignorant people

  19. #19
    Senior PakWheeler Follow
    SER_GTR's Avatar
    Join Date
    Nov 2005
    Location
    Karachi
    Age
    30
    Posts
    9,737
    Follows
    16
    Following
    0
    Mentioned
    489 Post(s)
    Tagged
    19 Thread(s)
    Problems Posted
    0
    Problems Solved
    0
    Best Answers
    0
    Good Answers
    3

    Default

    Quote Originally Posted by capsat View Post
    ji sir - me 2 for my family only

    And I M Not Less Than One After Being Dragged Into This And Brainstorming With Lawyers Since Last Few Years

    I Miss My Old Days When I Am Only Good At Doing Swaps And Making Engines Wiring Straight....!
    TOYOTA Sprinter 86- AE80 DOHC 20v'D TOYOTA Corolla 98- AE101 4AFE 16v

+ Reply to Thread

User Tag List

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •