N is a National Tax Number. It is the unique number the Federal Board of Revenue allotted to citizens. Helps to keep tax and sales records. Moreover, NTN is required for property purchase or property sale, bank transactions, automobile purchase or sale, etc.

People have to pay taxes if they have an income in Pakistan. You need NTN to pay your tax. The Federal Board of Revenue has made it easy to pay taxes. For this purpose, it is essential to register yourself in the Federal Board of Revenue (FBR) system.

Like all other countries, in Pakistan, you must pay property, sales, or income taxes. For this purpose, you must have a National Tax Number. It can generate from the FBR for a salaried person. However, it is essential to file the tax returns in FBR. 

There are three types of online NTN:

Personal NTN: 

Personal NTN is established through FBR’s online NTN verification system, and it is issued on the CNIC of the person.

Association of Individuals (AOP) / Partnership:

This type of online NTN is issued on the registration certificates of the AOP. It is always printed on the registration certificates of the AOP.

Company’s NTN:

This company’s NTN is issued to the company. It is verified through FBR’s online NTN verification system and published on the registration certificates. After that, your company must be (company registration)

Steps to get National Tax Number

You must follow some steps to get a National Tax Number (NTN). It requires some documents to complete the process. For a salaried person following are the documents that are needed.

Documents Required for Registration of NTN:

• A valid CNIC copy is required. Moreover, a copy of the recently paid electricity bill for the house, the latest payslip, valid Email addresses, and Contact Numbers, the National Tax Number of the Employer, Office Address, and valid Email address are also required for registration. 

One crucial question people often inquire about is How to check NTN numbers online?

Steps to check NTN by using CNIC:

If you want to check your National Tax Number (NTN) by using your CNIC Number, then follow the steps:

In the first step, visit the FBR website and click on the tab “Search Taxpayers.” Next, click on the tab “NTN Inquiry. “To check the NTN number in Pakistan, you have to click on the “Taxpayer Profile Inquiry” option. Then you have to select the appropriate option from the drop-down. In order to move to the next step, you must provide your “Registration Number” in the registration field. In the CNIC field, provide your “CNIC.” Now provide a captcha against the “Captcha” field. After providing information, click the “Submit” button in the final step.

How to check the NTN number through sms?

If you want to check active NTN status, type: “ATL (space) 7 digits National Tax Number (NTN)” in a message, then sent it to “9966”. 

Conclusion:

Following these steps, you can get a National Tax Number (NTN) from FBR Pakistan. You can also get the NTN number through the offline system. For this purpose, you have to hire a Filer Tax consultant to get NTN from FBR. It also requires some documents for obtaining NTN from FBR. This online system makes it more accessible for people to register in Pakistan and get a National Tax Number (NTN).

When you hear about taxes and their new insurance plan policies in the news, this is the question.

Taxes in Pakistan continuously stay a phase of the data each day. Sometimes, you hear about the tax-to-GDP ratio, or at extraordinary times, you pay interest to all discussions about the tax filing. In Pakistan, Tax is not accountability but forceful coercion of gathering money from people.

However, a lot of education is required to focus on their obligation to pay taxes when they earn more than a threshold. For example, if you’re making greater than RS. 600.00/-, you’re eligible to become a tax filer in Pakistan.

This article will record you on Tax and why it is essential. Moreover, you can pay Tax with the aid of turning into a tax filer in Pakistan. So, let’s begin!

What is Tax, and Why is it Important?

Tax is a fantastic quantity of cash that human beings have to pay to the authorities if their earnings are more than a stage of income. Moreover, the agency, associations, and merchants must pay this Tax on their capital gains.

Taxes are necessary as they assist the authorities in beautifying the country’s fashionable living. With extra revenues, the authorities can begin extra public initiatives and distribute wealth equally in a country. It helps eliminate inequality and poverty in America by bettering its Gross Domestic Product (GDP).

Evading Tax is A Crime?

In Pakistan, people attempt their splendid to prevent taxes and inn to illegal techniques to conceal their supply of income. Therefore, the principal cause behind the underdevelopment of Pakistan is tax evasion and black cash that determined an escape from the tax net.

Evading taxes or hiding revenue is a crime. All human beings should expect their ethical and countrywide obligation to pay taxes so that different human beings can benefit from it.

The authorities of Pakistan have adopted many measures to incentivize the public to pay taxes. But, a lot is needed to teach humans and inform them that Tax is a responsibility and now not a penalty.