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How to Become a Filer in Pakistan Step-by-Step Process

The importance of filing taxes in Pakistan remains crucial. This guide outlines the process for becoming a filer in Pakistan, incorporating any potential changes for 2024.

1. Obtain a National Tax Number (NTN)

Step 1: Visit the Federal Board of Revenue (FBR) Website

Step 2: Register for NTN

  • Click on the “Registration for Unregistered Person” link.
  • Fill out the required details such as CNIC (for individuals), email address, and mobile number.
  • Submit the form and verify your email and mobile number.

Step 3: Receive NTN

  • Once your details are verified, you will receive your NTN.

2. Create an Account on the FBR IRIS Portal

Step 1: Visit the IRIS Portal

Step 2: Sign Up

  • Click on the “Registration for Unregistered Person” option.
  • Provide your NTN/CNIC and other required information.
  • Complete the registration process to create your account.

Step 3: Login to IRIS Portal

  • Use your credentials to log in to the IRIS portal.

3. Prepare and Submit Income Tax Return

Step 1: Gather Necessary Documents

  • Collect documents such as your CNIC, bank statements, salary slips, utility bills, and any other relevant financial documents.

Step 2: Fill Out the Income Tax Return Form

  • Log in to the IRIS portal.
  • Go to the “Declaration” section and select “Income Tax Return.”
  • Fill out the form with accurate details regarding your income, expenses, and deductions.

Step 3: Submit the Income Tax Return

  • Review the filled-out form for any errors or omissions.
  • Submit the return through the IRIS portal.

4. Payment of Taxes

Step 1: Calculate Tax Liability

  • Based on the income and deductions declared, calculate your tax liability.

Step 2: Generate Payment Challan

  • On the IRIS portal, generate a Payment Challan (PSID).

Step 3: Make the Payment

  • Pay the tax amount using the generated PSID through your bank’s online banking service or by visiting a designated bank branch.

5. Verify Filer Status

  • Step 1: Check Filer List

    • Visit the FBR website and check the Active Taxpayers List (ATL) to ensure your name is included.

    Step 2: Confirm Filing Status

    • Log in to the IRIS portal and verify your filing status.

Benefits of Becoming a Filer

  • Lower Tax Rates: Filers enjoy reduced tax rates on various financial transactions compared to non-filers.
  • Legal Compliance: Filing taxes ensures compliance with Pakistan’s tax laws and avoids penalties.
  • Access to Loans: Filers have better access to bank loans and other financial services.
  • Enhanced Credibility: Being a filer enhances your financial credibility and can be beneficial in various legal and financial matters.

Conclusion

Becoming a filer in Pakistan involves obtaining an NTN, registering on the FBR IRIS portal, preparing and submitting your income tax return, and making the necessary tax payments. By following these steps, you can ensure compliance with tax regulations and enjoy the associated benefits. For more detailed guidance, you can visit the official FBR website or consult with a tax professional.

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