New Law?

[capsat]

remember once you register as tax payer & file your returns, you shall maintain a fixed digit stream transferred every month, with quarterly spike of substantial digits,

pauses, silent months & then an abrupt digit spike disturb to generate a flag at state bank and respective income tax commissioner is authorised to issue an audit notice.

[s55]

remember once you register as tax payer & file your returns, you shall maintain a fixed digit stream transferred every month, with quarterly spike of substantial digits,

pauses, silent months & then an abrupt digit spike disturb to generate a flag at state bank and respective income tax commissioner is authorised to issue an audit notice.

so that's the catch of being a filer. I don't send money every month, only send when I feel that I might loose my job and need to send money to pakistan to keep them safe.

[capsat]

change the habit, from 1st July any reasonable amount which you can manage as steady stream, open the TAP to your account in Pakistan, keep track documented hard printed in a file.

spike it at quarterly interval

bas kar day keya sab poch lay ga .. ! .. FREE Maaain

[s55]

change the habit, from 1st July any reasonable amount which you can manage as steady stream, open the TAP to your account in Pakistan, keep track documented hard printed in a file.

spike it at quarterly interval

bas kar day keya sab poch lay ga .. ! .. FREE Maaain

haha I am still confused and my query is still unanswered. Do I need to file tax?

[capsat]

register and file income tax return at ZERO

being expat your earning & remittance to a bank account in Pakistan is TAX free -

only if you choose to register as tax payer, you need to be a filer.,

by default a non-filer is assumed as NON- taxpayer.

[tmalik]

Is there any means of getting refund directly from FBR for a salaried class resident pakistani ?

I am asking about getting refund directly from FBR rather than getting the refund due adjusted in the monthly job salary.

[s55]

Can I file my own taxes or I need lawyer for that? do I need to file for 1 year? what about the money already accumulated? do I have to pay taxes on that?

[capsat]

Before you do the ONLINE REGISTRATION at FBR - read below

• download the excel form ITax return & from fbr website for returns carefully examine every detail,

• you shall be able to compile all data related to digits, as in domestic expenses, all digits paid against any utility or govt taxes against your cnic,

• any imovable property which is under your cnic you shall have the date of acquisition or booking or ongoing installments payment handy

you need not to panic at all, stay calm & stay at peace, being expat sending foreign remittance in bank account give you good edge anytime to become a filer. [ your every bank transfer is subject to withholding tax that already qualify you as filer after going through complete process ]

Do NOT panic. you can do it with patience as like few other members are doing it from abroad.

@pomi_pbs please offer your comments

If something looks confusing i can suggest a Income tax consultant in Rawalpindi who can help you against an agreed fee,

however you can do it nicely by yourself am sure,

1. obtain bank statment of active account which you've been using for money transfer as foreign remittance

2. account opening date is always over the bank statement- because you will be needing it for registration at FBR / IRIS web site

3. you also need a bio-metric verified active PK cell number to activate your registration

[s55]

@capsat do I need to file for 1 year or 3 years? lawyer mentioned 3 years since 2014 will have to be filed.

[s55]

I asked one more lawyer, he says that I just need to file tax and no source of income needs to be mentioned since I am outside Pakistan.

[brownrose78]

@capsat
One of my uncle was abroad. He worked there for almost 35 years and after retirement, now he is residing here since last 9-10 years. He had USD account of almost 30+ years. Now he went to bank and came to know that his account became non active as no transaction happened so he refreshed it.

So now how can he obtain Remittance certificates of 15-20 or 30 years old receipts? In those era there were old NIC cards instead of cnic so advice what should he do now

[capsat]

@s55
please understand you need TO file an income tax return - tax is calculated automatically in the return -

you do not pay tax or file tax without filing an income tax return -

please be very clear and for the last time -

since your earning is outside pakistan and you are sending money home via bank account. your income transferred via bank is 100% TAX FREE.

so when you file an income tax return submitting digits in respective section, at computation & calculation
applicable tax payable is shown at the bottom of return - if applicable.

-
time to contact a tax consultant ..

• my input ends here

[capsat]

@brownrose as senior citizen your uncle is already under 50% exemption [ of applicable tax ] over any income, you too shall contact some tax consultant

[capsat]

amazing step

all manufacturers in Pakistan with product price over 1 million have adopted the policy - delivery to non-filers will be declined ... ! Yeaaaaaaaaaaaaaaaaaaaaaayy

premium & delivery delays - Bye Bye

[s55]

How they expect everyone to become a tax-filer within a couple of months when people are not really aware of how to file taxes? how do I trust a tax consultant/lawyer whom I don't know personally or is not referred by someone I can't trust?

[capsat]

every person loaded with money knows his prosperity very well, only mentally disabled are not aware where it came from how did they have so much and what to do with it.

am sure you know what bread is made of and called in your house unless you still call it CHOCHI
-

about trusting a lawyer - you can keep control of your ID, Password, pin code email address & the verified phone number. Share the data with him,

a lawyer is like mid-wife she may not know who is father but she knows her job how to safely manage the delivery from pregnancy, so TRUST is 1st step when you choose a lawyer.

[s55]

@capsat Do you have a complete guide of how to file tax?

[capsat]

i do not have a guide but since am doing it online since begining, the only thing you need is compiled data of your expense, any vehicle acquired under your cnic , any immoveable asset, capital investment under the cnic etc

and that shall be in accordance with inflow of stream into the declared bank account

data compiling is most important & tricky ( in terms of digits ) while stream in account is always straight

[s55]

i do not have a guide but since am doing it online since begining, the only thing you need is compiled data of your expense, any vehicle acquired under your cnic , any immoveable asset, capital investment under the cnic etc

and that shall be in accordance with inflow of stream into the declared bank account

data compiling is most important & tricky ( in terms of digits ) while stream in account is always straight

No expenses in Pakistan, no vehicle or property. Do I bank statement, employer's letter and salary slips to file tax return?

[Nabs]

These shenanigans will not save Pakistan's economy which is headed towards a catastrophe.

Its time to pull your money out of Pakistani banking system, as government can cease your money in your bank account. Happened with a relative.