Is It Really Necessary For People In Pakistan To File Their Tax Returns?
November 14, 2022 ⚊ 1 Min read ⚊ Views 83 ⚊ BLOGAccording to Pakistan’s income tax law, any citizen who earns an annual income of Rs 300,000 or more (or Rs 25,000 per month) is required to submit an income tax return to Pakistan’s Federal Board of Revenue (FBR) on an annual basis. This law applies to citizens of all professions and businesses in Pakistan. The FBR had recently made electronic filing of tax returns a requirement for salaried personnel with an annual income of at least Rs 500,000.
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