BENEFITS OF BECOMING A FILER

 

TAX FILER IN PAKISTAN:-

Income Tax Return is compulsorily required to file all salaried Individuals, non-salaried individuals, Firms, and Companies that come under the category defined by Income Tax Ordinance, 2001. After filing their Income Tax Returns, or having Active Taxpayer status they are eligible for getting all benefits from different sectors in Pakistan

BENEFITS OF BECOMING A FILER:-

The followings are some benefits, which an Individual (Salaried or other), Firm, Business and Company can avail after becoming the Tax Filer in Pakistan:

§  A filer gets Tax rebate on withholding tax while Cash Withdrawal from Banks.

§  A filer gets Tax rebate in Buying, Selling, or Transferring of Immovable Property.

§  A filer gets the benefit of less Tax rate on providing professional Services.

§  A filer gets Tax rebate on Registration, Transfer, and payment of Token tax of Motor Vehicles.

§  A filer gets the benefit of less Tax rate on Bank Profits, Saving Certificates, Dividends, Commission, or encashment of Prize Bonds, etc.

§  Banks and other departments give Preference to a filler person while designing  eligibility criteria in all types of loan applications proceedings

§  Eligibility for obtaining government tenders, registration on corporate panels:

§  Easy Income Assessment of Individual while processing Visa Applications

§  Avoidance from Audit and Penalty of Rs. 40,000/- for non-filing of Income Tax Return

CLAIM REFUND OR ADJUSTMENT:-

While Filing Income Tax Return, a Tax Filer in Pakistan can Claim a Refund or adjustment in the followings:

§  Cash Withdrawal from Bank under section 231

§  Advance Tax on function and gatherings under section 236D

§  Advance Tax on function and gatherings under section 236D

§  Advance Tax on Domestic Electricity Consumption under section 235A

§  Advance Tax on purchase of Immoveable Property under section 236K

§  Collection of Advance Tax by Educational Institutions under section 236 I

§  Advance Tax on Banking Transaction other than cash under section 236P

§  Advance Tax on sale or transfer of immovable property under section 236 C

§  Advance Tax  on Purchase of Air Ticket under section 236B and for International Air Ticket under section 236L

§  Withholding Tax paid on Telephone Landline Bills under section 236 and  Mobile Phone Bills under section 236(1)(a)

FOR HOW TO BECOME A “TAX FILER”

-: JUST CONTACT:-

+92 300 2898102

+92 313 4364360

lgsupinn@gmail.com

lgsupinn@outlook.com


Legal Support INN

Legal Support Inn is reputed law firm that provides all legal services in Lahore. We make high quality legal solutions accessible and affordable to all.

Post a Comment (0)
Previous Post Next Post