How to file tax return in Pakistan

Registration for National Tax Number (NTN) or Sales Tax Registration Number (STRN)

  1. Get Registered: If you’re not already registered, you need to get a National Tax Number (NTN) or Sales Tax Registration Number (STRN) from the Federal Board of Revenue. This can be done online through the FBR’s IRIS portal or by visiting a local tax office.

  2. Documents Required: Typically, you’ll need your CNIC (Computerized National Identity Card), a mobile phone number registered in your name, an email address, and possibly other documents depending on your employment status (like salary slips, employment letter, etc.).

Preparation for Filing

  1. Collect Documentation: Gather all necessary documents such as salary certificates, bank statements, records of any other income, and details of any tax deductions or credits you’re eligible for.

  2. Understand Your Tax Liability: Understand the income tax slabs and rates applicable to your income level. Pakistan’s tax system is progressive, so rates increase with higher income levels.

Filing the Return

  1. Access the IRIS Portal: Log in to the FBR’s IRIS system using your NTN/STRN and password.

  2. Fill in the Form: Complete the relevant income tax return form. The form may vary depending on whether you’re a salaried individual, a business person, etc. Ensure all the information is accurate and complete.

  3. Attach Required Documents: Attach any required documents electronically. This may include a wealth statement, bank statements, and any other relevant financial documents.

  4. Review and Submit: Review your tax return carefully for any errors or omissions. Once you’re sure everything is correct, submit the return online.

  5. Acknowledgment Receipt: After submission, you will receive an electronic acknowledgment receipt. Keep this for your records.

After Filing

  1. Keep Records: Keep a copy of the filed return and all supporting documents for at least six years, as you may need to present these in case of any inquiry from the FBR.

  2. Pay Due Taxes: If your return shows that taxes are due, make sure to pay them by the due date to avoid penalties and interest.

  3. Check for Notices: Keep an eye on your IRIS portal for any notices or correspondence from the FBR.

Deadlines

  • Be aware of the tax year for which you are filing. In Pakistan, the tax year typically runs from July 1 to June 30.
  • The deadline for filing individual tax returns is usually September 30 of the year the tax year ends, but it’s subject to change and often extended by the FBR.