Last Updated on: 18th July 2023, 10:09 pm
How To File Income Tax Return in Pakistan?
The Federal Board of Revenue (FBR) has announced 30th September as the deadline for filing tax returns. You can file your tax return online.
But everyone is curious about the details required before sitting down at the computer to file a tax return, how to file inheritance tax, how to file information about wealth, and how to file expenses incurred or assets created during the year under income tax laws.
Here you will find the answers to all your questions.
The Federal Board of Revenue (FBR) has made it easier for taxpayers to file tax returns online.
What Are The Requirements For Filing A Tax Return?
Tax expert says that as an employee, you must have a payslip, bank receipts details, stock income (if you have dividend details), and an estimate of expenses for the year. With these 4 things in place, you can easily go to the FBR website or FBR Tax Asan app and file the tax return within minutes.
Income Tax Return Filing Process
- First, go to the FBR website (https://www.fbr.gov.pk/), click on the “Income Tax” tab, go to the IRIS link, and log in. There are different categories in which you can easily file tax returns.
- You can apply for a challan online on the FBR web portal and pay the tax due at a nearby bank.
- According to a Tax expert, anyone can file a tax return in 4-5 minutes if they go to the FBR website with all the documents.
- According to the law, the income taxpayer must disclose his assets.
Also Read: How To Get National Tax Number in Pakistan?