FAQ`s
Anyone earning a taxable income, including salaried individuals, business owners, and professionals, is required to file a tax return in Pakistan.
The deadline for filing individual tax returns is usually September 30th, while the deadline for companies is December 31st. However, these dates can vary, so it’s best to check the latest updates from the Federal Board of Revenue (FBR).
You can register for an NTN online through the FBR’s e-Enrollment system or visit the nearest tax office with the required documents, including your CNIC, proof of address, and a recent photograph.
Common documents include your CNIC, proof of income (salary slips, bank statements, business income records), tax deductions, investment proofs, and any other relevant financial documents.
Yes, you can file your tax return online through the FBR’s Iris portal. Stay Filer also offers a user-friendly platform to assist you with online tax filing.
Benefits include avoiding penalties, gaining a good standing with the tax authorities, eligibility for tax refunds, and being listed on the Active Taxpayer List (ATL), which can provide advantages in financial transactions.
Late filing can result in penalties and fines, and you may also be excluded from the Active Taxpayer List, which can lead to higher withholding tax rates on certain transactions.
If you have overpaid taxes, you can claim a refund by filing a refund application through the FBR’s Iris portal or with the help of our team at Stay Filer.
The ATL is a list of compliant taxpayers maintained by the FBR. Being on the ATL ensures lower withholding tax rates and eligibility for various financial and business benefits.
Stay Filer provides comprehensive tax filing services, including expert advice, accurate calculations, and secure, user-friendly online filing. Our team ensures your tax return is compliant with the latest policies and maximizes your potential refunds.
