Global Tax Consultants In Lahore, Pakistan, Near Me, Tax Return Services
Learn How to become active tax filer & taxpayer in income tax & FBR – Complete Process, by Reading the guide below !
Pakistan is one of the countries in the world with the lowest tax-to-GDP ratios. The tax-to GDP ratio tells about country development in a year. With higher Gross Domestic Product (GDP) of a country, more the revenue of a country will be. Therefore, the government will try to increase the tax base. This is what the government of Pakistan is trying to do.
According to a statistic from the Federal Board of Revenue (FBR) Pakistan, only 1% of the total population are active taxpayers. It’s embarrassing for a country of 220 million population. However, the Government of Pakistan is trying to address this area. With changes being made in the Federal Board of Revenue (FBR), we can expect an increase in the percentage of the active taxpayers.
Categorization of Citizens for Tax
Without boring you more with tax and GDP information, we will get straight to the point which is how to become a filer. The Government of Pakistan categorize its citizen in two groups, one is filer and other is non-filer. A filer is a person that is on the FBR active taxpayer list. On the other hand, non-filer is a person who is not on an active taxpayer list.
What is an active taxpayer list? FBR manage a detailed list of the taxpayer which is called Active Taxpayer List (ATL). The list is updated on the first day of every week. You can download the list to check whether you are on it or not. However, we will discuss how to check ATL status later in the article. But first, we will discuss the benefits of becoming a tax filer.
The Government of Pakistan gives many incentives to tax filers so that more people get encouraged to become a tax filer.
These are some of the benefits which tax filers get from the Federal Government. Now the question is how much income in a year is taxable? There are different tax slabs created by FBR. If your income is more than 4 lacs per year then you have to pay the income tax. If it is less than 4 lacs per year then you are not liable to pay income tax. However, you have to file a return to declare your income without paying any taxes.
Now the thing is, if you want to become a filer then you must have to get a National Tax Number (NTN) from FBR. How to get NTN? Just read the article related to NTN on our website. You will be able to gather all information related to it.
How to become a filer? Simple just go to FBR website and create an account on it.
The first step in becoming a filer is to get NTN from FBR. Check out our article about NTN for a detailed guide. However, for your convenience, we will tell you again the complete procedure of it.
After you get NTN from FBR, you have to go back to the IRIS portal and have to follow the steps given below.
You can also check the Active Taxpayer list whether you are added in the list or not. How to check active taxpayer list (ATL). To find out follow the steps given below.
There are different ways to check whether you are on the active taxpayer list or not. There is a complete income tax ATL available on FBR official website. You have to download the list and find your name in it.
آج گوشوارے جمع کرانے کے آخری دن تک ایف بی آر نے سال 2019 کے تقریبا" ساڑھے چوبیس لاکھ گوشوارے وصول کئے جو پچھلے سال کے سولہ لاکھ ستاسی ہزار کے مقابلے میں 45 فیصد زائد ہے ۔
— FBR (@FBRSpokesperson) February 28, 2020
There is another way to check the ATL status. You can check the status via SMS. How to do it? Don’t worry we will tell you.
To check the status via SMS, you have to follow the steps given below.
To check the status via an online portal, you have to follow the steps given below.
These are some of the ways to check the ATL status. You can also become tax filer with FBR offline system. However, you have to hire a tax advisor to do your work. He or she will take all your documents and complete the procedure for you.
Tags: #BenefitsOfBecomingTaxFiler, #BenefitsOfFilingTaxReturn, #BenefitsOfNTN, #BenefitsOfTaxFiler, #CompleteProcessForBecomingTaxFilerInIncomeTaxFBR, #DocumentsRequiredForSubmissionOfTaxReturn, #FBR, #fbr.gov.pk, #HowToBecomeActiveTaxFilerInIncomeTaxFBR, #HowToBecomeAFiler, #HowToCheckActiveTaxpayerStatusInFBR, #iris.fbr.gov.pk, #NTNBenefits, #PenaltyForLateSubmissionOfTaxReturn, #SurchargeForBecomingTaxFiler, #SurchargeForLateSubmissionOfTaxReturn, #Taxasaan, #Taxasaan.com