Very nice video, and very explanatory, I think this is the only one video elaborating how to submit /tax return by us, otherwise most of the other videos did not explain well. This is good video.
I just want to express my gratitude for this incredible video. Filing my Income Tax return always seemed like a daunting task, but your clear, step-by-step guidance made it so much easier to understand and complete the process correctly. The way you broke everything down was not only informative but also extremely reassuring. This video is a true lifesaver, and I highly recommend it to anyone looking to file their taxes with confidence. Thank you for providing such valuable content !!!
@@user-jc3gd5bv8bbrother waiting for reply on my question. Dear Brother for FY24 i got dividend from EFERT, in FBR Maloomat and MIS it is showing as "Dividend to a Non-Resident covered under ADTT u/s 150 / u/s 5 (64030099)". Now i am trying to file return and FBR automatically fetches this data and showing this as refundable amount in Normal Return. I have others dividends too and it is automatically showing Dividend u/s 150 @15%. Only Engro is showing as refundable. Should i move Engro dividend to Dividend u/s 150 @15% field or leave as fbr fetches it and apply for refund as its around 80K. Please know that i am N0n-Resident
Aoa. A non resident few years back filed his income tax at time of property purchase and did not file for the period of next 3 to 4 years.and wants to file now.kindly make video on that as well.
Very good explanation thank you. I have a question, I send money from abroad to my account then I send that money to my father account from my local account so this money transfer will be consider my expense? and in which section, I put this expense?
Ager non resident Pak a k business registration kr k phr business kia ni. Wapis out of country chaly gy to us ke kon c catagary slect kren gy , overseas salary person.
brother, i have some investment in Pakistan (shares) and having some dividends in 2023-2024, however i am an overseas Pakistani since 2019, please guide which tax declaration i need to file?
Assalamualaikum sir 1)non resident Pakistani 2) income from salary 3) currency Kuwait dinar 4) not transferred to any Pakistani bank account 5) Kuwait bank statement available 6) All salary slips available Please make a video on this non resident return, no Pakistani remittance certificate available because no money transfer to any Pakistani bank account,all the amount is in Kuwait bank account Please reply and make a video jazakallah
Sir...National Savings se 5 million se ziada profit hu....aur doosray 2 banks se kam ho tu 3 bank ka profit add kar ke OTHERS mein 7b+5million mein likhein ge....ya sirf Natiional Savings 5million + mein likhe ge aur baqi 2 banks ka final fixed mein likhe ge....plz reply thanks
Assalam o Alikum sir Non Resident Pakistani ha but Pakistan ma b bank account ha saving profit ataa ha tax 15% deducted hota ha or mutual funds ma b investment ha Pakistan ma RDA b ha
Sir i have a query. if a person is a seafarer, i mean he sail on foreign ships in different countries for 7-8 months every year. he receives salary in his Pakistani foreign currency account. salary is normally received from Dubai but I'm not sure about tax deduction on this salary. will he be exempted from tax or not?
If a person resides in Pakistan and works as a freelancer, receiving their income as remittances in their account, how should their tax return be filed? Would it fall under the category of ‘non-resident Pakistani’?
Assalamu alaikum Bhai meri return main shoro sy he property add hy jo ghr mery father k name tha wo glti sy add kiya howa hy.. r usko sale kiye hoye bh 10 sal ho gue hn but meri statement main abhi tk show hori hy.. tu uska kya hal hy ab..
Agr non resident apni wife k account m behji hou remittances se apne name se property purchase krtaa h tu os property ko apne returns m kis trhn show kre k property ki amount kahan se ai
Need some clarification, What if some one is working abrod with international organisation and his salary is transferred every month to his bank account in pakistan (saving account in PKR and foreign currency account both). Is it foreign income not taxable for non reisdent?
Q1. personal expense konsa likhngay jab k hum overseas hain? kya overseas walay expense likhskty hain?rent ya education medical, donation wagera sab? Q2. agar koe plot purchase keya hai hai lekin uski sirf society file h, na possession mili h na he registry hoe h to usko bhe declare krngay? Q3. or agar koe plot possession milgae ho lekin registry nhe hoe to usko declare krngay?
No need to show insurance policy payments. Bcz insurance premium covered under personal expenses. All accounts disclosed in wealth statement excluding dormant account
No need to show insurance policy payments. Bcz insurance premium covered under personal expenses. All accounts disclosed in wealth statement excluding dormant account
@@user-jc3gd5bv8b Sir ager non resident ka kuch bhi na ho, yani koi bank account nahi to kis terha file ki jaye? me zero submit kerne ki koshish ker raha hon but nahi ho raha.
AOA, I am a non resident Pakistani, but by mistake I used the Normal return form and forgot the form for non-resident Pakistanis and also submitted it on 20th Sept. How can I revise it before 30th Sept. 24. Please help, Regards
do we need to file for wife as well (non resident pakistani)? she has joint house (inherited from father only + joint account with me)? I listed my joint account in my FBR filing?
jis ka apna koi aacount active nahi hai wo bank account detail main kia mention karay? jis account (wife)main remitance send ki hain wo wala ya koi bhi nahi
Can you tell for non-resident person (overseas) while filing income tax return, in wealth statement do we have to mention our salary in exempt section (inflow) and our personal expenses by converting into Pak rupee ? Or do we have to only mention it in Remittance ? As by doing both it will be double counted.
What is terms deposit certificate tax rate in new budget (2024-2025). Actually my certificate issuer bank does not deduct tax at source on the profit .Appreciate and looking farword your kind response plz.
Gari kisi ny new kharedi Motor Vehicle Registration Fee u/s 231B(1) usk andar ja k Advance Income Tax daal dia Ab jab gari koi register karwata hai us m alag sy Motor Vehicle Tax Income Tax Or Professional Tax lety hen Excise & Taxation waaly Kia humen ye bhi mention karna hai 231B k andar ta nai?
One question agr mutual funds m paisa hoon mgr koi changes na ho (like sale purchase) sirf gain mila ho jo annually milta ha to us case ma be ye return form use kr skta han? Q k technically koi income ni ha us ma
@@user-jc3gd5bv8b Thank you brother. Your videos are really helpful. I am filling my wife's and my returns for the last 4 years taking help from your videos. Stay blessed.
Dear , last time i submitted my returns by some lawyer. I don't know what he submitted. But today I login my Iris portal, there is in (penalty/surcharge section) 182(2) (Notice to impose penalty u/s 182 for failure to furnish return u/s 114) 30-June-2018 - 29-June-2019Tax Year:2019Due Date:10-February-2021 Do i need to correct this issue ? or let me leave it no problem.
ye srif prize bond winnning wali amount h, agr mene koi win nhn kiya h magr mere pass premium prize bonds us p mujhy s sall munafa mila h state bank se s bonds ka jo mere pass hen h , mene abhi win nhn kiya h tu bhi s Final / Fixed / Minimum / Average / Relevant / Reduced Tax >> Prize on Prize Bond u/s 156 waly section men aaega ? magar issue ye h mere pass tax kitna kata h ye details nhn h SBP ne bheja ye tu mujhy ja k pata krna pargea ?
income of a Non-resident is ' Foreign Income', not foreign remittance and it should be declared as 'Income for the year Exempted from tax' while reconcileation. Remittance is not an income, it is a support for you sent by some of your relatives to you. For example, if a non-resident has earned money from abroad and he did not send any thing in the tax year then how he will declare? Definitely he has to declare it as income exempt from tax.. Moreover, if someone is declaring it as a Remittance then he has to provide PRC certificates against each remittance transaction which normally banks are not give, and i have experienced that even if you are providing PRC certificates to the FBR they are not accepting and making objection that the rate of currency conversion is not mentioned on the certificates.. so better to declare as income exempted from tax because the foreign income of a non-resident is also tax free and for that you would not have to provide any certificate... i have suffered FBR assessment for years 2015 / 2016 / 2017 and i have declared my income as remittance and provided PRC certificates it was rejected by FBR and finally, I got relief from Tribunal....hope you understand this issue
Sir but ham ne aj tk jitny cases kiay hen fbr bank statement or PRC k bad kabhe deny nae krta. Or foreign income residents ki hoty he. Non resident ki remittances he aey g
I had the same understanding that the income earned must be declared in exempt from tax section. While in remittance declare only what you have to your home country
@@user-jc3gd5bv8b normally Uger ap ne apna status non-resident Likha ho or apni earning KO exempt from tax ya remittance main likho ge to normally fbr assessing officer samajh jata Hy lekan jab us ne ap KO pakerne Ka irada Ker Lia ho to wo PRC KO bhi reject Ker deta Hy...
Non resident Pakistani jis ki pakistan men koi income nai hai but saving account hen remittance k liye us men kuch pese profit k ajate hen 15 se 20 hazar sal k tu kia esa banda normal file kare ga ya non residence wala thk hai? is tarhan ki income jo pakistan men hai is ki koi limit hoti hai?
@@user-jc3gd5bv8b OR JIS KE PROPERTY HA PAKISTAN MAYN PAR KOI INCOM NHI HA BUS WOH GAHAR HA JIS MAYN SIRF BHAI REHATA HA JO MAAN BAP KA GAHAR TAHA OS KO NORMAL WALI RETURN HE USE KARNI HA BUT LAST YEAR GAHLATI SAY NO SOURCE FROM PAKISTAN WALA FROM LAYYA TAHA AB KON SA LAYNE HA PLZ BATA DAYN JAB KAY LAST YEAR BEGUM KAY ACCOUNT MAYN JO PROPERTY SALE KAR KAY 28500000 WOH PAYSE CANADA PULL KAY BANK KAY ZARYE WOH ABHI BEH WEALTH Statement MAYN AA REHAYN HAN
Agar bunda aasa mulk ma rehta ha ju tax free ha jasa Dubai tu wu agar Pakistan paisa bheja ga tu us pa tax charge hu ga kun k waha income pa tax charge nahe hua es liya aasa bunda kia karen ???
Bhai A.A as per rules Non-resident taxpayers, on the other hand, are only required to declare their Pakistani source income and pay taxes on that income only. They are not required to file the wealth statement. Kya ham wealth statement nil file krain to koi issue to nai hai.
Assalamu alaikum Bhai meri return main shoro sy he property add hy jo ghr mery father k name tha wo glti sy add kiya howa hy.. r usko sale kiye hoye bh 10 sal ho gue hn but meri statement main abhi tk show hori hy.. tu uska kya hal hy ab..
