KARACHI: Each individual filing income tax return for tax year 2015 is required to file wealth statement as well. This condition has become mandatory after the withdrawal of threshold of Rs 1 million that was available in the past years. After this mandatory requirement salaried persons drawing annual income above Rs400,000 and Individual business persons having income Rs300,000 per year will file wealth statement along with income tax returns for tax year 2015. According to instructions of Federal Board of Revenue (FBR) the following persons are required to furnish a return of income for a tax year: (a) Every company; (b) Every person (other than a company) whose taxable income for the year exceeds PKR 400,000; (c) Every non-profit organization as defined in clause (36) of section 2; (d) Every welfare institution approved under clause (58) of Part I of the Second Schedule; (e) Every person who has been charged to tax in respect of any of the two preceding tax years; (f) Every pers...
NTN Verification
ReplyDeleteOnline NTN Verification
NTN Verification Online
I am registered as salary person but may pasward shows "invalid pasward" please help me for filing the return CNIC 3540111387757
ReplyDeleteExcellent post and thanks a lot for sharing this kind of information Thank you so much for posting this important information. This is great.
ReplyDeleteTax Return Services in Barking