How to Become a Tax Filer in Pakistan is not just a legal obligation but also a step toward financial stability and numerous benefits. The Federal Board of Revenue (FBR) encourages individuals and businesses to file their taxes regularly. Being a filer ensures that you are compliant with tax laws, avoid penalties, and enjoy financial benefits like lower tax rates and ease of banking transactions.
At Zumar Law Firm, we offer expert assistance in tax filing, ensuring a seamless process for individuals and businesses. Our team of professionals will handle all the necessary paperwork, registration, and submission, so you don’t have to worry about compliance issues.
2. Understanding Tax Filing in Pakistan
Who Needs to File Taxes?
Any individual earning an income that falls within the taxable limit, businesses, freelancers, and property owners are required to file their taxes.
Difference Between a Filer and a Non-Filer
- Filer: A person who submits their annual tax return to the FBR. Filers enjoy lower tax rates on banking transactions, property purchases, and vehicle registrations.
- Non-Filer: A person who does not file tax returns. Non-filers face higher tax rates and restrictions in financial transactions.
3. Step-by-Step Guide to Becoming a Filer
Step 1: Register for an NTN (National Tax Number)
To become a filer, the first step is obtaining an NTN from the FBR.
How to Get an NTN:
- Visit the IRIS portal (https://iris.fbr.gov.pk/)
- Click on “Registration for Unregistered Person”
- Fill in personal details such as CNIC, phone number, and email address
- Submit the form, and your NTN will be issued
Documents Required:
- CNIC (for individuals)
- Proof of business (if applicable)
- Bank account details
How Zumar Law Firm Can Help: Our experts can handle the entire NTN registration process on your behalf, ensuring quick and error-free registration.
Step 2: Create an FBR Account
Once you have an NTN, the next step is to create an account on the FBR IRIS portal.
- Visit the IRIS portal and log in with your NTN and password
- Complete your profile by adding your personal and business details
- Verify your account using the OTP sent to your registered mobile number
How Zumar Law Firm Can Help: We assist in setting up your IRIS account, ensuring all details are correctly entered to avoid issues in tax filing.
Step 3: File Your Income Tax Return
Filing an income tax return is crucial to becoming a filer.
How to File Tax Returns:
- Log in to the IRIS portal
- Select “Income Tax Return“ from the dashboard
- Enter details of your income, expenses, and assets
- Upload supporting documents (if required)
- Submit the return before the deadline (usually September 30th each year)
How Zumar Law Firm Can Help: We provide professional tax filing services to ensure your tax return is prepared accurately and submitted on time, avoiding penalties and legal complications.
4. Common Mistakes to Avoid While Filing Taxes
- Incorrect Information: Ensure all details, including income and assets, are accurate
- Late Filing: Filing after the deadline results in penalties
- Lack of Financial Records: Keep track of income, expenses, and assets for proper reporting
5. Benefits of Being a Filer in Pakistan
- Lower tax rates on banking transactions, property, and vehicle registration
- Eligibility for business loans and credit facilities
- Hassle-free visa applications (some embassies require proof of tax filing)
- Avoiding fines and penalties imposed on non-filers
6. FAQs About Becoming a Filer in Pakistan
Can I become a filer if I am a salaried person?
Yes, salaried individuals can register as filers by declaring their income through the IRIS portal.
How long does it take to get registered as a filer?
If all information is provided correctly, registration can be completed within 24-48 hours.
What happens if I don’t file my taxes?
Non-filers face higher tax deductions, fines, and restrictions on financial transactions.
7. How Zumar Law Firm Can Help You Become a Filer
At Zumar Law Firm, we specialize in providing tax consultancy and legal support to individuals and businesses who want to become filers. Our services include:
- NTN Registration
- Setting up an FBR IRIS Account
- Filing Annual Income Tax Returns
- Tax Advisory and Compliance Services
- Handling Tax Notices and Audits
By choosing Zumar Law Firm, you can ensure hassle-free tax filing and compliance with FBR regulations. Our experienced legal team will guide you through every step, making the process simple and efficient.
8. Conclusion
Becoming a filer in Pakistan is essential for financial security and legal compliance. The process is simple and can be completed online through the FBR IRIS portal. Regular tax filing benefits both individuals and the country by ensuring a stronger economy.
If you need expert assistance in registering and filing your taxes, contact Zumar Law Firm today and let our professionals handle the process for you!