In Pakistan we can see that a large part of the population are either salaried employees or they are running their own business. But all people don’t pay the taxes. As it is compulsory for all people who own their business to pay the tax but due to lack of awareness they don’t pay much attention. They are not aware of the benefits of being a taxpayer in Pakistan. If they will pay the tax it will become the biggest source of income for the economy of the country. It is the duty of every citizen to pay their tax on time. For this purpose the Federal Board of Revenue has made it compulsory to pay the tax and it tries to bring more and more people in front to pay the tax and sends them letters to get themselves registered in the National Tax Number to become Active Taxpayers. When an employee is added in the list of activepayers he can get the benefits of paying lower taxes as compared to non-filers.
What is the benefit of being a filer in Pakistan?
Some other benefits are:
A person who is non-filer can not purchase the land having cost more than 50 lacs while a taxpayer can buy any property. For the import of raw materials a non-filer has to pay 8% while taxpayers pay 5.5%. Same is the case with export materials non-filers pay 9% and taxpayers pay 6% tax on total export. In the case of bank profits non-filers and tax filers pay 20% and 15% respectively.
Winning prize money through prize bond percentage is also different for filer and nonfiler. Filers have to pay 15% tax while non-filers must pay 25% tax. If someone wants to transfer property he has to pay 1% tax if he is a filer while non-filers have to pay 2% tax.
From these points we can see that people who are filers have more benefits and privileges over non-filers.
What does being a tax filer mean?
A filer is a person who files an income tax return, while a non-filer is one who does not file an income tax return.
Who is eligible to be a filer?
It is important to spread awareness of their duty to pay taxes. For example, if an employee or businessman is making more than RS. 600.00/-, he is eligible to become a tax filer in Pakistan.
What is the difference between filer and non filer?
According to the Ordinance , a taxpayer whose name appears in the active taxpayers list issued by the Federal Board of Revenue(FBR) from time to time is a filer, and a ‘Non-Filer’ is a person who is not a filer.
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